transaction cost
noun[C,usually plural]
ukus(alsotransactional cost)COMMERCE,FINANCE
anamountpaidinordertobuyorsellsomething inadditionto thepriceof the thing itself, forexamplelegalcosts:
If youmoveoften,heftytransactioncostscanwipeout anygains.
There aretransactioncostsof about 7%.