/trænzˈækʃən ʌv raɪt/ – Phrase
Definition: giao dịch về việc chuyển giao quyền, việc chuyển giao quyền.
A more thorough explanation: The legal English definition of the term “transaction of right” refers to the transfer or exchange of a legal right or interest from one party to another. This can include the assignment, sale, or transfer of rights such as property rights, contractual rights, intellectual property rights, or other legal entitlements. The transaction of right involves the voluntary transfer of a legal interest or claim from one party (the assignor) to another party (the assignee) in accordance with the applicable laws and regulations governing such transactions.
Example: The transaction of right occurred when the property owner transferred ownership of the land to the new buyer through a deed.