Origin and history of transumption

Proto-Indo-European root meaning "to take, distribute." 

It might form all or part of: assume; consume; emption; example; exemplar; exemplary; exemplify; exempt; exemption; impromptu; peremptory; pre-emption; premium; presume; presumption; prompt; pronto; ransom; redeem; redemption; resume; sample; Sejm; subsume; sumptuary; sumptuous; vintage.

It might also be the source of: Sanskrit yamati "holds, subdues;" Latin emere "buy," originally "take," sumere "to take, obtain, buy;" Old Church Slavonic imo "to take;" Lithuanian imu, imti "to take."

For the sense shift from "take" to "buy" in the Latin verbs, compare Old English sellan "to give," source of Modern English sell "to give in exchange for money;" Hebrew laqah "he bought," originally "he took;" and colloquial English I'll take it for "I'll buy it." 

word-forming element of Latin origin meaning "under, beneath; behind; from under; resulting from further division," from Latin preposition sub "under, below, beneath, at the foot of," also "close to, up to, towards;" of time, "within, during;" figuratively "subject to, in the power of;" also "a little, somewhat" (as in sub-horridus "somewhat rough"), from PIE *(s)up- (perhaps representing *ex-upo-), a variant form of the root *upo "under," also "up from under," which also yielded Greek hypo- and English up.

The Latin word also was used in Latin as a prefix and in various combinations. In Latin it was reduced to su- before -s- and assimilated to following -c-, -f-, -g-, -p-, and often -r- and -m-.

In Old French the prefix appears in the full Latin form only "in learned adoptions of old Latin compounds" [OED], and in popular use it was represented by sous-, sou-; as in French souvenir from Latin subvenire, souscrire (Old French souzescrire) from subscribere, etc.

The original meaning is now obscure in many words from Latin (suggest, suspect, subject, etc.). The prefix is active in Modern English; the indication generally being:

1. "under, beneath, at the bottom of;" in adverbs "down, low, lower;"

2. "inferior part, agent, division, or degree; inferior, having subordinate position" (subcontractor) also forming official titles (subaltern);

It also can indicate "division into parts or sections;" "next below, near, close to" (subantarctic); "smaller" (sub-giant); and it may be used generally as "somewhat, partial, incomplete" (subliterate).

word-forming element meaning "across, beyond, through, on the other side of; go beyond," from Latin trans (prep.) "across, over, beyond," perhaps originally present participle of a verb *trare-, meaning "to cross," from PIE *tra-, variant of root *tere- (2) "cross over, pass through, overcome" [Watkins].

Besides its use in numerous English words taken from Latin words with this prefix, it is used to some extent as an English formative .... It is commonly used in its literal sense, but also as implying complete change, as in transfigure, transform, etc. [Century Dictionary]

In chemical use indicating "a compound in which two characteristic groups are situated on opposite sides of an axis of a molecule" [Flood].

Many trans- words in Middle English via Old French arrived originally as tres-, due to sound changes in French, but most English spellings were restored later; trespass and trestle being exceptions.