Transacted

Transacted is the past tense of the verb 'transact,' which refers to the action of conducting or carrying out a business deal, negotiation, or exchange between parties. This term is commonly used in financial, legal, or commercial contexts to describe the process of executing a transaction, where goods, services, or money are transferred from one party to another, often involving mutual agreement and the exchange of value. The concept encompasses both formal and informal exchanges.

Transacted meaning with examples

• After careful negotiations, the two companies transacted the sale of their assets, finalizing the deal with a handshake and a signed contract. The transfer involved not only monetary compensation but also the exchange of proprietary information that would benefit both parties in their future operations, ensuring the success of the transaction for years to come.
• In a digital marketplace, users transacted various goods and services, ranging from handmade crafts to software applications. Each transaction relied on secure payment gateways, enabling seamless exchanges and providing a level of trust between buyers and sellers that facilitated ongoing relationships and repeat business over time.
• The legal team transacted the agreement on behalf of their client, meticulously reviewing each clause to ensure compliance with industry regulations. The successful transaction not only solidified their client's position within the market but also established a framework for future negotiations and collaborations that would enhance their business presence.
• During the annual conference, attendees transacted numerous networking opportunities, exchanging business cards and discussing potential collaborations. These informal transactions can lead to significant partnerships that may culminate in fabulous ventures, as the connections formed in these environments often generate invaluable professional relationships.
• The charity organization successfully transacted its fundraising campaign, collecting over a million dollars in donations from generous supporters. By efficiently managing the process, they ensured that every transaction was transparent and aimed at maximizing the resources available for their humanitarian efforts, directly contributing to the communities they serve.