transaction cost

noun

A cost in making any economic trade when participating in a market.

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Meanings

nountransaction cost (plural transaction costs)

plural transaction costs

  1. economicsA cost in making any economic trade when participating in a market.
Cite this entry
APA

transaction cost. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/transaction%20cost

MLA

“transaction cost.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/transaction%20cost. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “transaction cost,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/transaction%20cost.

Source: transaction cost on Wiktionary, CC BY-SA 4.0.