noun an instance of transacting something
verb to carry out or conduct (business, negotiations, etc.)
In finance, the word 'transact' is used to refer to the act of conducting a financial transaction, such as buying or selling securities.
In business, 'transact' is used to describe the process of carrying out a business deal or negotiation.
In legal contexts, 'transact' can refer to the formalities involved in carrying out a legal transaction, such as signing contracts or agreements.
In e-commerce, 'transact' is commonly used to describe the action of making a purchase or sale online.
In the business world, writers often transact with clients to negotiate contracts and agreements for writing services. They may also transact with publishers to secure book deals.
Psychologists transact with patients by providing therapy sessions and discussing payment options. They may also transact with insurance companies to process claims and receive reimbursement for services rendered.
Real estate agents transact with clients to buy, sell, or rent properties. They handle negotiations, contracts, and financial transactions on behalf of their clients.
Financial analysts transact on behalf of clients by buying and selling securities in the stock market. They analyze market trends and make recommendations for investment transactions.
Lawyers transact with clients to provide legal services such as drafting contracts, negotiating settlements, and representing clients in court. They also transact with other legal professionals to exchange information and documents related to cases.