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What does transacts mean?

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

Verb
  1. Third-person singular simple present indicative form of transact
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Examples
The bank's position was that it has the legal right to authenticate to its own satisfaction the individuals with whom it transacts business, especially in situations where extra precautions are warranted.
It transacts all lines of non-life and life and health reinsurance.
One such example would be where liabilities are backed by the shares of a foreign-listed multinational company that transacts business mostly in the currency of the liabilities.
Where a Group entity transacts with an associate of the Group, profit and losses are eliminated to the extent of the Group's interest in the relevant associate.
Axalto transacts business globally and is subject to the effects of the fluctuations in foreign exchange rates.
We have two full-time environmental monitoring people who go around and sample transacts on our farms.

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