Frictions

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Frictions

The "stickiness" involved in making transactions; the total process including time, effort, money, and tax effects of gathering information and making a transaction such as buying a stock or borrowing money.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Frictions

The processes involved in making a transaction. For example, if one wishes to buy a stock, one must first determine the price, conduct research, comply with regulations, and spend time doing each of those things. Frictions include both monetary and non-monetary costs. They are associated with the relative difficulty of conducting a transaction. See also: Friction costs, Frictional unemployment.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
6, it can be observed that, the same tendency as dry sliding condition, friction coefficient and wear rate decrease significantly when Zr[B.sub.2] particles content is <5 wt% under oil sliding condition.
A synergistic protective effect is formed on CE resin matrix from friction damage under oil sliding condition.
The reciprocating friction and wear tester was used for the friction characteristics test.
During the experiments, the temperature increases due to friction between the disk and the brake pad.
In this paper, we regard the friction between the drill string and the borehole as the orthotropic friction, and establish a FE model for the horizontal drill string and the borehole system based on the finite element method.
The speed difference between the synchronous output shaft and the input shaft is eliminated by the friction torque between synchronous ring's inner cone and target ring gear's friction cone to achieve a smooth and fast shift.
Notable phenomena were observed, e.g., the coefficients of friction had a peak at the early stage of testing and there was difference in those at the final stage between surface textures.
Brake noise can also be triggered by the resonance of the brake system due to friction oscillation since the frequency of the stick-slip decreases as a function of time during brake application.
I can't see an alternative to friction for (extreme) emergency braking, so perhaps this will open the door for a radical rethink of automotive friction braking technology with the design objective to provide the capacity for only one extreme duty emergency braking intervention.
The axial friction force (or called drag) in axial direction is a focus problem in drilling engineering.