Transact
Bouvier's Law Dictionary and Concise Encyclopedia · John Bouvier; revised by Francis Rawle · 1914
Bouvier's Law Dictionary and Concise Encyclopedia
In common parlance, equivalent to carry on, when used with reference to business.
Territory v. Harris, 8 Mont 140, 19 Pac. 286.
TRANSACTIO (Lat.). In the Civil Law. The settlement of a suit or matter in controversy, by the litigating parties between themselves without referring it to arbitration. Halifax, Civil Daw b.
3, c. 8, no. 14.
A part payment, coupled with a promise not to claim the residue; compromise. Holland, Jurispr.
260.