transaction costs

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transaction cost
(Ekonomi) In economics and related disciplines, a transaction cost is a cost incurred in making an economic exchange (restated: the cost of participating in a market). For example, most people, when buying or selling a stock, must pay a commission to their broker; that commission is a transaction cost of doing the stock deal. Or consider buying a banana from a store; to purchase the banana, your costs will be not only the price of the banana itself, but also the energy and effort it requires to find out which of the various banana products you prefer, where to get them and at what price, the cost of traveling from your house to the store and back, the time waiting in line, and the effort of the paying itself; the costs above and beyond the cost of the banana are the transaction costs. When rationally evaluating a potential transaction, it is important to consider transaction costs that might prove significant
transaction cost
expense related to carrying out business
transaction cost
the cost of buying or selling in a market including the cost of searching, bargaining and writing contracts (chapter 2)
transaction cost
cost of executing a trade (includes advertising, transport, negotiation, etc )
transaction costs

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    trans·ac·tion costs

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    /tranˈzaksʜən ˈkôs/ /trænˈzækʃən ˈkɔːs/