Meaning FRICTIONS: The "stickiness" involved in making transactions; the total process including time, effort, money, and tax effects of gathering information and making a transaction such as buying a stock or borrowing money
More terms such as Frictions in Dictionary F.
- Definition Free Float:
- Examples An exchange rate system characterized by the absence of government intervention. Also known as clean float frictions definition.
- Definition Floating-Rate Contract:
- Examples An guaranteed investment instrument whose interest payment is tied to some variable (floating) interest rate benchmark, such as a specific-maturity Treasury yield frictions explain.
- Definition Foreign Currency Translation:
- Examples The process of restating foreign currency accounts of subsidiaries into the reporting currency of the parent company in order to prepare consolidated financial statements frictions what is.
- Definition Forward Exchange Transaction:
- Examples Foreign currency purchase or sale at the current exchange rate but with payment or delivery of the foreign currency at a future date frictions meaning.
- Definition Floating Debt:
- Examples Short-term debt that is renewed and refinanced contantly to fund capital needs of a firm or institution frictions abbreviation.
