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transactor

/trænˈsæktər/ noun · British & US
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What does transactor mean?

noun

A person or thing that transacts business, especially a financial institution or a person who acts as an intermediary in a transaction.

Example

"The bank acted as a transactor in the deal, facilitating the exchange of funds between the buyer and seller."

Reviewed by Deb Chak, Editor. AI-assisted content curated by RJS Tech Solutions LLP.

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Rhymes with transactor