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Friction Costs

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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
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.
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[ILLUSTRATION OMITTED] Workplace friction costs big money.
Workplace wars: how to take the bite out of the fight by Perry, Phillip M. / Rural Telecommunications
Instead he launched into a Brand-like torrent of banker-speak, designed to restore inter-bank liquidity by cutting counter-party management of friction costs and other current ills.
Sketch Gobbledegook and banker-speak: the Reid Plan by guardian.co.uk / guardian.co.uk
There may be many friction costs associated with buying a particular seller that decrease the value for the purchaser, such as a seller with higher than average expenses or one that will have to be re-tooled to fold into the operations of a bank or broker purchaser.
Seller beware: insurance agencies that put themselves up for sale ... by Welsh, Charles R. / Best's Review
 
 
 
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