opportunity cost

Definitions of opportunity cost
  1. noun
    cost in terms of foregoing alternatives
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    types:
    capital cost, cost of capital
    the opportunity cost of the funds employed as the result of an investment decision; the rate of return that a business could earn if it chose another investment with equivalent risk
    carrying charge, carrying cost
    the opportunity cost of unproductive assets; the expense incurred by ownership
    type of:
    cost
    the total spent for goods or services including money and time and labor
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