Usually means: Expenses incurred during buying, selling.
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We found 7 dictionaries that define the word transaction cost:

General (3 matching dictionaries)
  1. transaction cost: Longman Dictionary of Contemporary English
  2. Transaction cost: Wikipedia, the Free Encyclopedia
  3. transaction cost: Wiktionary

Business (4 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. Transaction cost: Deardorff's Glossary of International Economics
  3. Transaction cost: Financial dictionary
  4. BusinessDictionary.com (No longer online)

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Definitions from Wiktionary (transaction cost)

▸ noun:  (economics) A cost in making any economic trade when participating in a market.

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