缔约成本 meaning in English

contracting cost

Its efficiency manifests mainly in two aspects : 1 ) directly manifested in reducing the contracting cost ; 2 ) indirectly manifested in reducing the cost caused by courts " misjudgments
格式条款的效率主要表现在两个方面，一方面格式条款通过减少缔约成本直接体现效率，另一方面通过减少法院审判错误成本，间接体现效率。
It is the base on which the judge solve the parties " conflicts . but language is vague , information is asymmetry , and the cost of making contract is high , so judge must interpret the contract before determining the rights and duties between the parties
合同是当事人间的法律，是处理当事人间纠纷的重要依据，但由于受语言的模糊性、信息的不对称性和缔约成本的限制，合同必须解释始能用以确定当事人间的权利义务关系。
With its incomparable advantage , such as high efficiency of concluding contract , low cost of concluding contract , promoting the security of trade and so on , standard clauses have been applied extensively in all fields of social economy and have done great contribution towards the development of modern economy
由于格式条款具有节省缔约时间、节约缔约成本以及增进交易安全等传统合同条款无法比拟的优越性,所以它被广泛使用于社会经济生活各个领域,并且已为现代经济的发展作出了令人瞩目的贡献。