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 ...

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 ...

Learn about imputed costs, often known as opportunity or implicit costs, which represent the forgone benefits when choosing one action over another with your assets.