| Dictionary, Encyclopedia and Thesaurus - The Free Dictionary 1,762,673,217 visitors served. |
|
Dictionary/ thesaurus | Medical dictionary | Legal dictionary | Financial dictionary | Acronyms | Idioms | Encyclopedia | Wikipedia encyclopedia | ? |
Friction Costs |
0.03 sec. |
|
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 The total cost, both direct and indirect, of a transaction after commissions, interest rates, taxes, research, time, and other expenses. For example, a student loan has a principal and interest rate, but the friction cost may include an origination fee, a federal default fee, and other expenses. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
|
| ? Mentioned in | ? References in periodicals archive | |
|---|---|---|
Markets will evolve toward a multi-asset class, order-driven model, making it much cheaper to trade and allowing for less friction costs during the execution of trading decisions. The analysis also noted that public policies and the business practices of payors that help speed eligibility information to the pharmacies - with electronic point-of-service access - will reduce these friction costs, allow public officials to lower fee schedules, and enable payors to negotiate larger discounts. The current DRP environment creates significant redundant and unnecessary administrative expenses and friction costs for both insurers and repairers," he said. |
| Financial Dictionary |
| Free Tools: |
For surfers:
Free toolbar & extensions |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup | Partner with us |
|---|