On the merchant end, the transaction fees paid to online payment systems can cut such a large chunk out of the sale that it makes it not worth their while.
而对商家来说,向在线支付系统支付的交易费会大大减低销售额。
It's used to describe the ways PE firms turn profit outside of the differential between purchase and sale price (using lots of leverage, dividend recaps, deal fees, etc.).
它描述的是私募股权公司从买卖差价中获取利润的方式(采用大量杠杆、股息资本重组、交易费等等)。
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