I. tran(t)ˈsakt, traan-, -nˈza- verb
( -ed/-ing/-s )
Etymology: Latin transactus, past participle of transigere to drive through, complete, transact, from trans- + -igere (from agere to drive, act, do) — more at agent
intransitive verb
1. : to prosecute negotiations : carry on business : negotiate
desires to transact only with honest men
2. : to compromise especially by compliance or concession in a matter of principle
transitive verb
1. archaic : to turn over (as for settlement) : transmit , transfer
2. : to carry out : effect , perform
on his father's farm, he transacted the imperative residuum of chores — Irving Stone
especially : to carry on : do , conduct
hold a meeting … choose a moderator, transact their business — R.W.Hatch
that such business, because of its technical nature, be transacted solely by … experts — F.A.Ogg & Harold Zink
3. archaic : to trade in or with : handle , exchange
4. : to make a transaction of ; especially : to compound or compromise (as a dispute) by mutual agreement
II. tranˈsakt noun
( -s )
Etymology: Late Latin transactum, from Latin, neuter of transactus
dialect England : transaction