consummate a transaction

USAGE SUMMARY

The phrase "consummate a transaction" is a correct and widely used phrase in written English.
It means to complete or finalize a business deal or agreement. You can use this phrase whenever you want to describe the action of completing a transaction, such as buying or selling a product or service, entering into a contract, exchanging money, etc. Example: "After months of negotiations, the two companies finally consummated the transaction for the merger, creating a powerful new player in the market."

✓ Grammatically correct

News & Media

Academia

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

6 human-written examples

On Wednesday, Microsoft said in a statement: "We are confident that moving forward promptly to consummate a transaction is in the best interests of all parties".

The New York Times - Tech

In a letter on Sunday to William Swindells, Willamette's chairman, Mr. Rogel said that as a result of the board's failure to act, "We are forced to assume that we must consider other alternatives to consummate a transaction".

The New York Times

We are confident we can consummate a transaction quickly, confidentially and on the terms proposed.

Forbes

If the SPAC is unable to consummate a transaction, it must return the money to the investors.

Forbes

We have completed a thorough review of Take-Two's public information and are prepared to move forward immediately to consummate a transaction with minimum disruption to Take-Two.

Forbes

"We've had it on and off the market for several years and we've had it in escrow several times and for various reasons -- some on the buyer side, some on the seller side -- we didn't consummate a transaction," explains Gudgell.

Forbes

Human-verified similar examples from authoritative sources

Similar Expressions

54 human-written examples

The county's investment policy, by contrast, "is silent" about working with the company, Mr. Spitzer said, and his proposal would "close that loophole" by requiring Merrill and county officials to seek board approval before consummating a transaction.

The New York Times

We are truly looking forward to consummating a transaction".

TechCrunch

At the time of its I.P.O., Australia Acquisition gave itself 21 months to consummate a business transaction or terminate operations.

The New York Times

I very much look forward to hearing from you and working with you and the Take-Two team to consummate a successful transaction.

Forbes

Dynegy also agreed to pay Blackstone a $16.3 million break-up fee if Dynegy shareholders do not approve the deal and within 18 months "Dynegy consummates an acquisition transaction in which Dynegy stockholders receive more than $4.50 per share in consideration".

The New York Times

Expert writing Tips

Best practice

Use "consummate a transaction" in formal contexts, such as legal documents or business reports, where a precise and professional tone is needed.

Common error

Avoid using "consummate a transaction" in casual conversations or informal writing, as it may sound overly formal or pretentious. Opt for simpler alternatives like "close the deal" or "finish the transaction" in such cases.

Linguistic Context

The phrase "consummate a transaction" functions as a verb phrase describing the action of completing or finalizing a business agreement or deal. Ludwig AI indicates this is a grammatically correct and accepted usage.

Expression frequency: Uncommon

Frequent in

News & Media

42%

Academia

33%

Formal & Business

25%

Less common in

Science

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, "consummate a transaction" is a grammatically correct phrase used to describe the completion of a business deal, as confirmed by Ludwig AI. It is most appropriate in formal business, legal, and academic contexts. While less frequent than simpler alternatives like "finalize a deal" or "close a deal", it conveys a sense of finality and legal validity. As evidenced by examples in Ludwig, authoritative sources such as The New York Times and Forbes frequently employ this phrase when reporting on business transactions.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

finalize a deal

Focuses more on the final steps of an agreement.

close a deal

A more informal and common way to express the completion of a deal.

execute a transaction

Emphasizes the formal implementation and legal validity of the transaction.

complete a transaction

A more generic term for finishing a transaction, lacking the nuance of 'consummate'.

conclude a transaction

Highlights the ending phase of the transaction.

settle a transaction

Suggests resolving any outstanding issues to finalize the transaction.

effectuate a transaction

A more formal and less common synonym for 'consummate'.

perfect a transaction

Implies making the transaction fully valid and enforceable.

discharge a transaction

Emphasizes the fulfillment of obligations within the transaction.

wrap up a deal

Informal way of saying complete a deal.

FAQs

What does "consummate a transaction" mean?

The phrase "consummate a transaction" means to complete or finalize a business deal or agreement, ensuring all necessary steps are fulfilled.

When is it appropriate to use the phrase "consummate a transaction"?

It is best to use "consummate a transaction" in formal contexts such as legal documents, business reports, or official correspondence. It is suitable when precision and a professional tone are required.

What are some alternatives to "consummate a transaction"?

Alternatives include "finalize a deal", "close a deal", or "complete a transaction", depending on the specific context and desired level of formality.

How does "consummate a transaction" differ from "complete a transaction"?

"Consummate a transaction" implies a higher degree of formality and finality compared to "complete a transaction". The former suggests that all legal and formal requirements have been met, making the deal fully binding.