Definition, Meaning & Synonyms
transact
verb
/trænˈzækt/
Definition
To carry out or conduct a business deal or an exchange.
Examples
- They decided to transact over the internet to save time.
- The company will transact with various vendors for supplies.
- It is essential to transact honestly and transparently in any business dealings.
Meaning
Transact refers to the act of doing business or engaging in a process where goods or services are exchanged between parties.
Synonyms
- conduct
- trade
- negotiate
- execute
