MLchartDataset catalogue

Transaction

Term · Law · MLC-T-LAW-005459

An agreement, communication, or movement carried out between separate entities or individuals that has a legal or financial effect. It encompasses any business dealing, such as the sale or purchase of goods, the rendering of services for payment, or the transfer of property. In a legal context, the validity of a transaction depends on elements like offer, acceptance, consideration, and the legal capacity of the parties involved.

Table 1. Record
IdentifierMLC-T-LAW-005459
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-005459",
  "term": "Transaction",
  "field": "Law",
  "definition": "An agreement, communication, or movement carried out between separate entities or individuals that has a legal or financial effect. It encompasses any business dealing, such as the sale or purchase of goods, the rendering of services for payment, or the transfer of property. In a legal context, the validity of a transaction depends on elements like offer, acceptance, consideration, and the legal capacity of the parties involved.",
  "url": "https://mlchart.com/terminology/law/transaction/"
}

Record 5,061 of 5,439 in Law terminology (MLC-0107). Request the full dataset.