Transact (Verb)
Meaning
Conduct business; "transact with foreign governments".
Classification
Verbs of buying, selling, owning.
Examples
- The investment firm is authorized to transact with clients from around the world to buy and sell securities.
- Since the company expanded globally, its employees have been able to transact with many foreign governments for their business operations.
- Banks often need to transact with other financial institutions to complete complex international transactions.
- To facilitate foreign trade, local businesses must be able to transact with foreign governments quickly and efficiently.
- Companies involved in international commodities trading regularly transact with many foreign governments and suppliers.