Transaction Costs

What Does It Mean?
What Does Transaction Costs Mean?
Costs incurred when buying or selling securities. These include brokers' commissions and spreads (the difference between the price the dealer paid for a security and the price at which it can be sold).

Also referred to as "transaction fees."
Investopedia Says
Investopedia explains Transaction Costs
This is what a broker or bank makes for being the middleman in a transaction.
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