What term refers to a figure entered in a party's favor when calculating overall transaction costs?

The term that refers to a figure entered in a party's favor when calculating overall transaction costs is "Credits." In financial transactions and accounting, credits typically indicate a positive adjustment that benefits one party involved in the transaction, effectively reducing the total costs associated with the transaction.

Credits can take the form of discounts, refunds, or adjustments that lower the amount payable, thereby influencing the overall transaction costs positively for the party receiving the credit. This concept is crucial in various settings, such as financial statements, billing procedures, and negotiations, where understanding the cost implications is essential to decision-making and financial management.

The other terms do not carry the same implication. Debits refer to reductions in assets or increases in expenses, assessments usually relate to evaluations or appraisals rather than direct financial adjustments, and offer adjustments are generally used in the context of modifying the terms of an offer rather than specifically relating to transaction costs.