transaction utility

noun

The perceived value of getting a good deal; the difference between the amount paid and a notional reference price.

Meanings

nountransaction utility (countable and uncountable, plural transaction utilities)

plural transaction utilities

  1. countableuncountablebusinessThe perceived value of getting a good deal; the difference between the amount paid and a notional reference price.
Cite this entry
APA

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

MLA

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

Chicago

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

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