transacted

Meanings

• Verb

  To carry out a business transaction or financial deal.

  - "The company transacts business in multiple countries."
  - "I will transact the sale of my car tomorrow."

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Rhymes

Words rhyming with transacted
interacted , reacted

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Variants

List of all variants of transacted that leads to same result
transact , transacted , transacting , transactor , transactors , transacts

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Etymology

origin and the way in which meanings have changed throughout history.

Derived from the Latin word 'transactus', meaning 'carried out' or 'completed'.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. The term 'transacted' is often used interchangeably with 'transacted business'.

2. Transacted is a past tense and past participle of the verb 'transact'.

3. In accounting, a transacted item refers to an economic event that has been recorded in the accounting system.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Business transaction: An exchange of goods, services, or money between two or more parties.

2. Financial deal: A negotiation or arrangement regarding the transfer of money or assets.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Transacted has been used extensively in business and finance contexts. In literature, it has appeared in works such as 'Moby Dick' by Herman Melville, where the character Queequeg transacts business with other sailors.

How to Memorize "transacted"

1. visualize
   

   - Visualize the process of completing a business transaction, such as exchanging goods or services, or transferring money.

2. associate
   

   - Associate the word 'transacted' with 'business' and 'finance'. Imagine conducting a financial deal or completing a business transaction.

3. mnemonics
   

   - Create a mnemonic using the acronym TRANSACT: 'Transferring Resources And Negotiating Agreements To Complete Transactions'.

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