to effect a transaction
1commercial transaction — ▪ economics Introduction in law, the core of the legal rules governing business dealings. The most common types of commercial transactions, involving such specialized areas of the law and legal instruments as sale of goods and documents of… …
2Network effect — Diagram showing the network effect in a few simple phone networks. The lines represent potential calls between phones. In economics and business, a network effect (also called network externality or demand side economies of scale) is the effect… …
3Secure electronic transaction — (SET) is a standard protocol for securing credit card transactions over insecure networks, specifically, the Internet. SET is not itself a payment system, but rather a set of security protocols and formats that enables users to employ the… …
4Database transaction — A transaction comprises a unit of work performed within a database management system (or similar system) against a database, and treated in a coherent and reliable way independent of other transactions. Transactions in a database environment have …
5Undervalue transaction — An undervalue transaction is a transaction entered into by a company [Some legal systems also apply undervalue transactions to insolvent individuals] who subsequently goes into bankruptcy which the court orders be set aside, usually upon the… …
6Currency transaction report — A currency transaction report (CTR) is a report that U.S. financial institutions are required to file for each deposit, withdrawal, exchange of currency, or other payment or transfer, by, through, or to the financial institution which involves a… …
7Hawthorne effect — The Hawthorne effect is a form of reactivity whereby subjects improve or modify an aspect of their behavior being experimentally measured simply in response to the fact that they know they are being studied,[1][2] not in response to any… …
8sham transaction — n: a transaction that is made to mislead or deceive others: a transaction having no economic effect that is made to create tax benefits ◇ The Internal Revenue Service may deny tax benefits for sham transactions. Merriam Webster’s Dictionary of… …
9Bullwhip effect — The Bullwhip Effect (or Whiplash Effect ) is an observed phenomenon in forecast driven distribution channels. The concept has its roots in J Forrester s Industrial Dynamics (1961) and thus it is also known as the Forrester Effect . Since the… …
10Endowment effect — In behavioral economics, the endowment effect (also known as divestiture aversion) is a hypothesis that people value a good or service more once their property right to it has been established. In other words, people place a higher value on… …
