(alsotransactional cost)COMMERCE,FINANCEanamountpaidinordertobuyorsellsomething inadditionto thepriceof the thing itself, forexamplelegalcosts:If youmoveoften,heftytransactioncostscanwipeout anygains.There aretransactioncostsof about 7%.(Definition oftransaction costfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesoftransaction cost
transaction costThe internet has made thetransactioncostof obtaining information significantly lower than ever.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Transactioncosteconomics, which incorporates cost of identifying actors, negotiating, and costs of enforcing agreements into price theory.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Of the articles that cited the book, the articles that were most-cited concerned organizational learning, the economic sociology,transactioncosteconomics, and organizational decision making.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.This is helpful for both trade models andtransactioncostanalysis.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The theory of internalization itself is based on thetransactioncosttheory.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Transactioncosttheory typically attributes market imperfections to bounded rationality and lock in, whilst internalization theory emphasises asymmetric information and weaknesses in property rights.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.At least two definitions of the phrasetransactioncostare commonly used in literature.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Rather, the principal reason for the high cost of microcredit loans is the hightransactioncostof traditional microfinance operations relative to loan size.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Internalization theory itself is based on thetransactioncosttheory.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Still, broadcasters opposed this bill because of the potential increase intransactioncostfor operating a radio.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/transaction-cost##
