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Noun: policing and enforcement cost
  1. 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.

Type of: transaction cost

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police sergeant
police squad
police state
police station
police van
police wagon
police work
policeman
policeman bird
policewoman
policing and enforcement cost
policy
policy change
policy maker
policyholder
policy-making
polio
poliomyelitis
Polioptila
poliosis
poliovirus