Meaning of transact

trans•act

Pronunciation: (tran-sakt', -zakt'), [key]
— v.t.
  1. to carry on or conduct (business, negotiations, activities, etc.) to a conclusion or settlement.
—v.i.
  1. to carry on or conduct business, negotiations, etc.: He was ordered to transact only with the highest authorities.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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