Licensing - Is a pushpin a single transaction?

I would like to make a page on our company's site that uses Virtual Earth to show a pushpin for each location (up to 9000).

Does a single plot where I provide the longs and lats constitue a transaction? Or, does the term geocode only apply if I pass something like an address and the service does a lookup to find the long and lat?

My .asmx file would have a section like the following...

privateList<MapItemRow> GetAllActivities() {
List<MapItemRow> _data =newList<MapItemRow>();
int uniqueIDMarker = 1;

_data.Add(newMapItemRow(
uniqueIDMarker++,
"Location One",
46.851734,
-121.759874,
"Type A",
"http://examplesite.com/images1.jpg",
http://examplesite.com/info1.htm,
"

Here is some info on this location

//......

_data.Add(newMapItemRow(
uniqueIDMarker++,
"Location Nine-Thousand",
46.851734,
-121.759874,
"Type B",
"http://examplesite.com/images9000.jpg",
http://examplesite.com/info9000.htm,
"

Here is some info on this location

[2952 byte] By [corp_tule] at [2008-2-24]