IPA: /trænˈzækt/
KK: /trænˈzækt/
To carry out or conduct business or financial dealings.
The companies will transact online to complete their deal.
Past: transacted
Past Participle: transacted
To carry out or conduct a business deal or transaction.
They decided to transact the sale of the property online.
Past: transacted
Past Participle: transacted
Transact → It is formed from "trans-" (meaning across) and "agere" (meaning to do or act). The word "transact" means to carry out or conduct a business deal or action across a space or between parties.
Think of doing something 'across' ('trans-') — that's why transact means to carry out a business action.