Transaction Costs 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: This is what a broker or bank makes for being the middleman in a transaction. Related Terms: All-In Cost Commission Discount Broker Operational Efficiency Performance Drag SEC Fee Slippage Transaction Transaction Exposure |