Transact Meaning: Definition, Examples, and Translations
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transact
[trænˈzækt ]
Definitions
business deal
To transact means to carry out or conduct a business deal or negotiation, typically involving the exchange of goods or services for money.
Synonyms
Which Synonym Should You Choose?
Word | Description / Examples |
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transact |
Used in formal or business contexts to indicate the completion of a business activity or exchange.
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conduct |
Appropriate for describing the act of managing, overseeing, or handling a process or activity, often in a formal setting.
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negotiate |
Used when discussing the process of discussing terms, reaching an agreement, or settling differences, usually in a formal or professional setting.
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deal |
Commonly used in both casual and formal scenarios to describe the act of handling or managing a situation, also frequently used in the context of trading or business agreements. It can sometimes have a negative connotation if referring to suspicious activities.
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Examples of usage
- I need to transact with the client to finalize the deal.
- She transacted the purchase of the house smoothly.
- The company transacts millions of dollars in sales every year.
financial transaction
To transact can also refer to the action of conducting a financial transaction, such as depositing money in a bank or transferring funds electronically.
Synonyms
Which Synonym Should You Choose?
Word | Description / Examples |
---|---|
transact |
Typically used in formal contexts, especially in business and legal settings, to describe the action of carrying out business or a deal.
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conduct |
Used to describe the manner of managing or overseeing an activity, investigation, or meeting. It has a broader application than 'transact'.
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process |
Used to indicate handling a series of actions or steps to achieve a particular end, commonly used in administrative and technical fields.
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execute |
Often used in formal and technical contexts to mean carrying out a plan, order, or course of action. It can also imply completing a task or creating something according to a planned procedure.
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Examples of usage
- I will transact the payment through online banking.
- She transacted a large sum of money at the ATM.
- The customer transacted a cash withdrawal at the counter.
Translations
To see the translation, please select a language from the options available.
Origin of 'transact'
The word 'transact' originates from the Latin word 'transactum', which means 'carried across'. It first appeared in English in the mid-16th century. Over time, the word evolved to encompass a range of meanings related to conducting business, negotiations, and financial transactions.
See also: act, acting, action, actionable, activate, active, actively, activists, activity, actor, actress, acts, actual, counteractant, enact, inactivity, overact, react.
Word Frequency Rank
At position #13,681, this word is part of sophisticated English vocabulary. It's useful for academic or professional contexts where precise language is needed.
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- 13678 latency
- 13679 liturgical
- 13680 devaluation
- 13681 transact
- 13682 swap
- 13683 staffed
- 13684 vibrant
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