verb (used with object)
to carry on or conduct (business, negotiations, activities, etc.) to a conclusion or settlement. Synonyms: enact, conclude, settle, manage, negotiate.
verb (used without object)
to carry on or conduct business, negotiations, etc.: He was ordered to transact only with the highest authorities.
Origin: 1575–85; Related forms
< Latin trānsāctus
(past participle of trānsigere
to carry out, accomplish), equivalent to trāns- trans-
) to drive, lead + -tus
past participle suffix
pretransact, verb (used with object)