Explicit costs are direct, out-of-pocket expenses that a company incurs during its operations. These costs are easily identifiable and measurable, typically involving monetary transactions. Explicit ...

Implicit and explicit business transactions relate to a company's opportunity costs and cash expenditures. A business incurs explicit costs from a variety of sources, including hiring workers and ...

Watch the second video instalment: in which we unpack the key implicit and explicit costs for trading at the Close in comparison with the continuous markets. In the second of four episodes, senior ...