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TRANSACT

Pronunciation (US): Play  (GB): Play

 I. (verb) 

Verb forms

Present simple: I / you / we / they transact  Listen to US pronunciation  Listen to GB pronunciation ... he / she / it transacts  Listen to US pronunciation  Listen to GB pronunciation

Past simple: transacted  Listen to US pronunciation  Listen to GB pronunciation

Past participle: transacted  Listen to US pronunciation  Listen to GB pronunciation

-ing form: transacting  Listen to US pronunciation  Listen to GB pronunciation

Sense 1

Meaning:

Conduct businessplay

Example:

transact with foreign governments

Classified under:

Verbs of buying, selling, owning

Hypernyms (to "transact" is one way to...):

interact (act together or towards others or with others)

Domain category:

commerce; commercialism; mercantilism (transactions (sales and purchases) having the objective of supplying commodities (goods and services))

Troponyms (each of the following is one way to "transact"):

deal; sell; trade (do business; offer for sale as for one's livelihood)

turn over (do business worth a certain amount of money)

bank (do business with a bank or keep an account at a bank)

Sentence frame:

Somebody ----s PP

Derivation:

transaction (the act of transacting within or between groups (as carrying on commercial activities))

transactor (someone who conducts or carries on business or negotiations)

Credits

 Context examples: 

The principal gentleman who officiated behind the counter, took a good deal of notice of me; and often got me, I recollect, to decline a Latin noun or adjective, or to conjugate a Latin verb, in his ear, while he transacted my business.

(David Copperfield, by Charles Dickens)

Therefore, in hopes to defray some of the charges he must be at, he bought a sloop, loaded it with several sorts of goods, wherewith the Tonquinese usually trade to the neighbouring islands, and putting fourteen men on board, whereof three were of the country, he appointed me master of the sloop, and gave me power to traffic, while he transacted his affairs at Tonquin.

(Gulliver's Travels into several remote nations of the world, by Jonathan Swift)




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