Crossword Genius

Caught in fancy tartans in Carry on Business (8)

Ross

I believe the answer is:

transact

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'carry on business' is the definition.
The definition and answer can be both to do with ownership as well as being verbs in their base form.
Perhaps there's an association between them I don't understand?

'caught in fancy tartans' is the wordplay.
'caught' becomes 'c' (cricket abbreviation).
'in' means one lot of letters goes inside another.
'fancy' is an anagram indicator.
'tartans' with letters rearranged gives 'transat'.
'c' placed into 'transat' is 'TRANSACT'.

'in' acts as a link.

Can you help me to learn more?

(Other definitions for transact that I've seen before include "handle" , "Manage" , "Carry out, like business" , "Conduct business, negotiate" , "Conduct trade" .)

I've seen this clue in the Irish Times.
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