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Transacting: meaning, definitions and examples

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transacting

 

[ trænˈzæk.tɪŋ ]

Verb
Context #1 | Verb

business dealings

Transacting refers to the act of conducting or carrying out a business deal or financial transaction. This can involve the exchange of goods, services, or money between parties. The term implies a formal process that usually adheres to specific protocols and legal requirements. In the context of commerce, transacting often involves negotiations and agreements between buyers and sellers.

Synonyms

conducting, dealing, negotiating, trading.

Examples of usage

  • They are transacting a large real estate sale.
  • The companies are transacting under a new partnership agreement.
  • He was transacting business in several countries.
  • We are not transacting until the deal is finalized.

Translations

Translations of the word "transacting" in other languages:

🇵🇹 transacionando

🇮🇳 लेनदेन करना

🇩🇪 transaktionierend

🇮🇩 transaksi

🇺🇦 транзакція

🇵🇱 transakcja

🇯🇵 取引する

🇫🇷 effectuer une transaction

🇪🇸 realizando una transacción

🇹🇷 işlem yapmak

🇰🇷 거래하다

🇸🇦 إجراء المعاملة

🇨🇿 provádění transakce

🇸🇰 vykonávanie transakcie

🇨🇳 进行交易

🇸🇮 izvajanje transakcije

🇮🇸 framkvæmd viðskipta

🇰🇿 транзакция жасау

🇬🇪 ტრანზაქციის განხორციელება

🇦🇿 müqavilə etmək

🇲🇽 realizando una transacción

Etymology

The word 'transact' comes from the Latin 'transactio', which is derived from 'transigere', meaning 'to drive through' or 'to complete'. The prefix 'trans-' means 'across' or 'beyond', and 'agere' means 'to do' or 'to drive'. The verb 'transact' originally appeared in English in the late 16th century. Over the centuries, it has evolved to encompass a range of activities involving business and commerce. The term emphasizes the completion of a process, particularly in a formal context involving legal transactions, agreements, and exchanges. As trade expanded with globalization, the use of 'transact' became increasingly common in business vocabulary.

Word Frequency Rank

With rank #19,043, this word belongs to specialized vocabulary. While not common in everyday speech, it enriches your ability to express complex ideas.