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Vocabulary Entry
transact
|verb • noun
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V
verb
To carry out a business deal or exchange.
Example Sentences
"They plan to transact the sale of the property next week."
"You can easily transact online without visiting a bank."
"The companies will transact business for mutual benefit."
N
noun
An instance of conducting business or an exchange.
Example Sentences
"Each transaction must be recorded for accounting purposes."
"The bank reported an increase in digital transactions last quarter."
"He completed the transaction successfully and received confirmation."