party to the transaction
- noun
- Formal
:
parte en la transacción
- The parties to the transaction must have good information and realize what they are buying and selling.
Examples
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You should consult with a lawyer to understand your rights as a party to the transaction.
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It only requires that we be allowed to make such exchanges as are voluntarily agreed to by all parties to the transaction.
Blog text (20) -
I don't care whether you leverage up or not, as long as nobody who is not a party to the transaction pays any price if your bet goes bad.
Blog text (31) -
Each of these events normally requires both an inside and an outside agent to act as parties to the transaction, and the event itself normally results in either an inflow or an outflow of resources into an enterprise.
Academic text (1994) -
Both parties to the transaction agreed on the terms before signing the contract.
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Each party to the transaction must fulfill their obligations as outlined in the agreement.
Synonyms
195
7.3
A person or group involved in a court case
1
7.9
Someone directly involved in a court case, as plaintiff or defendant
Antonyms
Surface Forms
Morphology
party + to + the + transaction
The phrase is directly compositional: it names a 'party' (participant) who is 'to' a 'transaction' (involved in that transaction), so the overall meaning is predictable from the constituent words and standard English noun + prepositional phrase structure. Although 'party' has multiple senses, the legal/participant sense combined with 'transaction' is transparent and easily inferable by a B1 learner who knows the component words; equivalent constructions exist in many languages.
Etymology
Party to the transaction comes from the simple image of people on each side of a table making a deal; each party (a person or group on one side) signs the transaction (the deal). So, a party to the transaction means someone who is 'involved' in that legal deal.