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What does transact mean?

Looking for the meaning or definition of the word transact? Here's what it means.

Verb
  1. (transitive) To do, carry through, conduct or perform some action.
  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.
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Examples
If he should be put into the penitentiary, she may transact business as if she were a feme sole.
Partners who may transact with us on a variable basis or who only achieve small revenue on our solutions are identified as Associate partners.
As the situation applies, individual shipping companies do not need a licence to transact business to and from Irish ports.
He said the show would give attendees the opportunity to interact, share views, transact business and work towards a low carbon economy.
He refused to transact business on Sundays, held regular family prayers, and was a student of biblical prophecy.
It is the Company's policy to transact in derivatives only with the most creditworthy financial intermediaries.

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