Definitions

1. verb

to carry out or conduct a business transaction, especially the exchange of money

“The company will transact the payment by wire transfer.”

2. verb

to engage in a series of transactions or dealings

“The bank will transact millions of dollars in transactions every day.”

3. noun

a transaction or series of transactions

“The transact of buying and selling stocks was significant.”

4. noun

a period of time in which a court or other authority has jurisdiction

“The transact period for the case lasted several years.”