act verb - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “act”

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act

verb [I]
 
 
/ækt/
to do something with the intention of achieving a particular result: act to do sth Engineers will need to act quickly to repair the damaged pipes.act quickly/swiftly/now Anyone who wants a fixed-rate deal should act now.act decisively/improperly/responsibly It is now time for management to act decisively.act against/in sb's interests There were claims that the management was acting against shareholders' interests. Members should act in the best interests of the company.
act in good faith to do something believing that it is the right thing to do: Although errors of judgement were made, at all times the company's staff acted in good faith.
(Definition of act verb from the Cambridge Business English Dictionary © Cambridge University Press)
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