opportunity cost

Definitions of opportunity cost
  1. noun
    cost in terms of foregoing alternatives
    see moresee less
    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:
    the total spent for goods or services including money and time and labor
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