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What does transacting mean?

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

Verb
  1. present participle of transact
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Examples
The technology must be developed to make the transacting of money instantaneous.
In Finland, for example, the government provides smart cards to authenticate the identity of someone transacting business over the Internet.
The Vatican is a largely Italian bureaucracy that spent centuries transacting business in parchment and wax seals.
Because of the increased usage of the Internet for transacting business, students were asked to rank their understanding of e-commerce.
American companies are spared the hassle of transacting in another currency.
These two new access channels will offer customers greater convenience and provide two additional modes of transacting business with their branches.

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