frictionless
B1CEFR level
35/100Rarity: fairly common
TechnicalRegister
Describing an idealised market with no transaction costs, taxes, or barriers to trade.
In a frictionless market any price gap would be arbitraged away instantly, but fees and delays keep spreads open.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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