BabelNet

bn:26691267n

Noun Concept

policing and enforcement cost

The costs of making sure the other party sticks to the terms of the contract, and taking appropriate action (often through the legal system) if this turns out not to be the case. Open English WordNet

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The costs of making sure the other party sticks to the terms of the contract, and taking appropriate action (often through the legal system) if this turns out not to be the case. Open English WordNet

IS A

transaction cost

Open English WordNet

policing and enforcement cost