transact - Definition from the BUSINESS BASICS topic - BUSINESS

Topic: BUSINESS BASICS

Date:	1500-1600
Language:	Latin
Origin:	, past participle of transigere 'to drive through, finish, transact', from agere 'to drive, do'

transact
verb

trans‧act

See pronunciation table in "How to use dictionary" pages

[intransitive and transitive]

formalBB to do business with someone:

Look up a word starting with D or S for samples of headword or sentence pronunciations on the LDOCE CD-ROM

Most deals are transacted over the phone.

Definition of transact from the Longman Dictionary of Contemporary English within
the topic BUSINESS BASICS

Explore BUSINESS BASICS Topic

admin administration administrative administrator agency agent balance sheet bid(n) bid(v) boss bottom line branch capacity capital card contract(n) contract(v) cost-effective coupon developer distributor economics enterprise establishment fashion fold franchise generic get loss maximize MD merchandise merchandising miller mission statement net(a) net(v) operation operational operator option outlet output package partner partnership patent percentage premium purchase price quiet recall rep revenue sell syndicate take tender TM transaction unit

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