[+ obj] somewhat formal : to do (business) with another person, company, etc.
▪ We had some important business to transact with our distributors. ▪ I prefer not to transact [=conduct] business over the phone. ▪ transact a real estate deal
▪ We had some important business to transact with our distributors. ▪ I prefer not to transact [=conduct] business over the phone. ▪ transact a real estate deal







