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Glossary > F > "Friction costs" Definition

Friction costs

Costs, both implied and direct, associated with a transaction. Such costs include time, effort, money, and associated tax effects of gathering information and making a transaction.

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Friction costs - Costs, both implied and direct, associated with a transaction. Such costs include time, effort, money, and associated tax effects of gathering information and making a transaction.

Friction costs : costs, both implied and direct, associated with a transaction. such costs include time, effort, money, and associated tax effects of gathering information and making a transaction.