Transaction Cost

A Transaction Cost is a cost associated with a transaction.

• Context:
  • It can range from being an External Transaction Cost to being an Internal Transaction Cost.
• Example(s):
  • an Economic Transaction Cost.
  • a Database Transaction Cost.
  • …
• Counter-Example(s):
  • a Marginal Cost.
  • a Search Cost.
• See: Economics, Cost, Contract, Game Theory, Bid And Ask, Legal System.

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