O custo de transação
Example: O custo de transação aumentou devido à burocracia excessiva.
Definition
"O custo de transação" refers to the expenses incurred during the process of buying or selling goods and services, including costs related to search, negotiation, and enforcement. It represents the additional financial burden beyond the price of the product or service itself.
Etymology
The phrase "o custo de transação" comes from Portuguese, where "custo" means cost and "transação" means transaction. The term evolved in economic theory to describe indirect costs in trade or business dealings, highlighting the practical challenges beyond simple exchange.
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"O custo de transação" appears in the Vocaplus list "", containing 150 commonly used words.
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the transaction cost