transact
/trænˈzækt/ verb [I or T] formalDefinition
› COMMERCE to make and complete a purchase (= occasion when you buy something) or a sale: The company transacts business in various foreign countries. Some 40% of its foreign-exchange deals are now transacted through the net.transact with sb/sth IT lowers the costs of transacting with outside suppliers.
(Definition of transact verb from the Cambridge Business English Dictionary
© Cambridge University Press)
Our dictionaries
Browse the Thesaurus
Browse the Dictionary
Word of the Day
Blog
Read our blog about how the English language behaves.
New Words
Find words and meanings that have just started to be used in English, and let us know what you think of them.
