Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “transact”

transact

verb [I or T]
 
 
/trænˈzækt/ formal
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 from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of transact?
Add Cambridge dictionaries to your browser to your website

Definitions of “transact” in other dictionaries

Word of the Day

innovate

to introduce changes and new ideas

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More