Transaction
in sentence
299 examples of Transaction in a sentence
Most foreign observers miss the scale and depth of institutional and process innovation in this supply chain, which has managed (mostly) to protect property rights, reduce
transaction
costs, and minimize risks by aligning government services with market interests.
State orchestration should instead be focused on fighting corruption, reducing
transaction
costs, promoting competition, lowering entry barriers, and removing excess capacity.
But the amounts had to be cut to the size of the
transaction
and weighed out with balance scales.
The lesson is that the magnitude of
transaction
costs and contracting costs ultimately determine much of an economy's structure.
Lower
transaction
costs mean that exchange can be dramatically more fine-grained.
This fee structure makes it difficult to run a business selling items for less than ten dollars, and impossible to run a business selling items for less than one dollar:
transaction
costs eat up the profits.
Through superior payments software, micropayments companies like Paypal (founded in 1998), Yaga (founded in 2000), Peppercoin (founded in 2001) and BitPass (founded in 2002) are able to offer much lower
transaction
costs than credit card companies, greatly expanding the number of transactions.
With the advent of new, global technologies such as blockchains – continuously growing
transaction
databases used, for example, to sustain virtual currencies – the notion of data localization becomes even more misguided.
Ripple, a platform championed by the banking sector to slash
transaction
costs for interbank and overseas transfers, is a distant third at $9 billion.
A charitable association of patients arranges the transaction, for a set price, and no one except the seller profits from it.
When a group of individual currencies is replaced by a single currency, as the Deutsche mark, French franc, Italian lira, Spanish peseta, and others were by the euro, there are two primary benefits: lower
transaction
costs and greater transparency.
Low inflation, no currency risk, decreased
transaction
costs, and greater transparency have made the euro a success.
Various versions of this technology are either already available or currently under development – and there is a very real prospect that this will reduce
transaction
costs across much of the financial sector.
We are told by its apostles that the wholesale impairment of most of what gave meaning to life is necessary to achieve an “efficient allocation of capital” and a “reduction in
transaction
costs.”
And the
transaction
costs associated with doing business – such as trading across borders and hiring and enforcing contracts – must be kept in check.
In particular, monopoly is on the rise, with Internet platforms that provide social benefits in the form of low
transaction
and communication costs (Alibaba, Tencent, and Baidu) securing massive market share.
In Uruguay, what the authorities presented as a voluntary
transaction
produced no nominal haircuts and only minor debt relief; in Argentina, a four-year debt moratorium was essential to achieving nominal haircuts above 50%.
And the opaque Ecuadorian methods are not possible in Europe, both for legal reasons and because a
transaction
of this size could hardly be disguised or outsourced.
The World Bank is like an old ship: in its seven decades, all kinds of barnacles – sticky budgetary accretions and
transaction
costs – have accumulated on its hull, steadily impeding its speed and performance.
Van Hollen does have some concerns – and proposes a financial
transaction
tax to reduce speculative activities.
A deeper and more efficient financial sector would also reduce
transaction
costs and facilitate risk management.
Yet the Palestinian Authority demanded their release, Israel’s government obliged, and the US supported the
transaction.
Moreover, such agreements can lock various groups into different regulatory approaches, raising
transaction
costs for domestic traders and making it difficult for external goods and services to penetrate the bloc.
Constant shifts in comparative advantages, economies of scale, and
transaction
costs affect the benefits of accommodating more homogeneous localized preferences.
He pointed out that when
transaction
costs are low and property rights are well defined, innovative private contracts might solve collective-action problems such as pollution; but policymakers rely largely on fiscal instruments, owing to economists’ obsession with simplistic price theory.
How can firms be understood without examining the corporate contracts that bring together their stakeholders – that is, their shareholders, bankers, suppliers, customers, and employees – whose complex relationships are manifested in companies’ balance sheets and
transaction
flows?
By presupposing perfect competition, complete information, and zero
transaction
costs, neoclassical economics assumes away the need for institutions like courts, parties, and religions to deal with the economic problems that people, firms, and countries face.
Both parties to the
transaction
would be better off.
Both the velocity of upgrade and the secondary market for solar power could be improved by lowering the
transaction
costs associated with adopting new solar technology.
The lower these
transaction
costs, the more rapidly early adopters can upgrade to next-generation technologies, and the more readily a secondary market can develop.
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