'Transact' definitions:

Definition of 'transact'

(from WordNet)
verb
Conduct business; "transact with foreign governments"

Definition of 'Transact'

From: GCIDE
  • Transact \Trans*act"\, v. t. [imp. & p. p. Transacted; p. pr. & vb. n. Transacting.] [L. transactus, p. p. of transigere. See Transaction.] To carry through; to do; perform; to manage; as, to transact commercial business; to transact business by an agent. [1913 Webster]

Definition of 'Transact'

From: GCIDE
  • Transact \Trans*act"\, v. i. To conduct matters; to manage affairs. [R.] --South. [1913 Webster]