Definition of "transactive" [transactive]

• Of or pertaining to exchanging or trading. (adjective)

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• "To address the challenges facing the existing electric power system, information must be exchanged effectively between system participants to create a so-called transactive network."
• "As ominous as that sounds, however, study co-author and Columbia University psychologist Elizabeth Sparrow said it's just another form of so-called transactive memory, exhibited by people working in groups in which facts and expertise are distributed."
• "It's called "transactive memory," a theory developed about 25 years ago by her co-author, Daniel M. Wegner of Harvard University, in which group of people collectively store and retrieve knowledge with each member of the group contributing."