Nautical equipment transaction reported (4)
I believe the answer is:
sail
'nautical equipment' is the definition.
The answer and definition can be both man-made objects as well as being singular nouns.
Perhaps they are linked in a way I don't understand?
'transaction reported' is the wordplay.
'transaction' becomes 'sale' (sales are a type of transaction).
'reported' shows a homophone (sound like).
'sale' sounds like 'SAIL'.
Can you help me to learn more?
(Other definitions for sail that I've seen before include "Glide along" , "Put to sea in yacht" , "Travel by ship" , "Go by boat" , "Fabric on a mast" .)