0 present participle of transact
1 to do and complete a business activity:
The sale was transacted in conditions of the greatest secrecy.
As motivated in figure 2 above, these constraints represent costs of transacting in markets for consumption goods.
I will show that shoppers and vendors engage with each other primarily for the purpose of transacting business.
The notion of a moral-free zone as ambiguous between the claim that the transacting parties are morally permitted to arrive at any price and that any price is equally good.
No direct costs are incurred from transacting.
This feature of transacting the minimum possible in order to stay within the no-transaction region is due to the particular, proportional nature of the transaction costs.
The introduction of a costly trading technology innovation-allowing individuals to avoid currency transactions-appears to be socially undesirable unless there is a generalized adoption of the new method of transacting.
Williamson focuses on a common facet, to say, the costs of transacting.
There is already a very strong movement in favour of not paying contributions or transacting friendly society business of that character in licensed houses.
