transact

Verb

transact (third-person singular simple present transacts, present participle transacting, simple past and past participle transacted)

1. (transitive) To do, carry through, conduct or perform.
   • 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 Tinquineſe 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...1726 October 28, [Jonathan Swift], “The Author Sets out on His Third Voyage; is taken by Pyrates. […]”, in Travels into Several Remote Nations of the World. […] [Gulliver’s Travels], volume II...
   • Since he understood that wherever business is conducted, those who transact it must dress accordingly, and that where men do not, business suffers, he judged it necessary to enact a strict dress code to reduce the bureaucracy to orderliness and obedience to the mayoral arm.2006, Nicholas Antongiavanni [pseudonym; Michael Anton], The Suit: A Machiavellian Approach to Men's Style, New York: HarperCollins Publishers, →ISBN, →OCLC, page 85
2. (transitive) To carry over, hand over or transfer something.
3. (intransitive) To conduct business.
4. To exchange or trade, as of ideas, money, goods, etc.