opportunity cost

Noun

Meaning

cost in terms of foregoing alternatives

Source: WordNet

Synonyms

incidental expense additional charge extra costs incidental expenses additional cost extra expenses additional payment added expense additional resources incremental costs added cost additional costs incremental cost added costs ancillary expenses

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Antonyms

decrease cutting compensation contraction discount deduction

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Hypernyms

cost

Hyponyms

capital cost carrying charge cost of capital carrying cost

Related terms

accounting cost

Examples

Everything you do is an opportunity cost. Learn to say "No”. Randy Pausch

According to mental health journalist Scott Lilienfeld in 2002, "unvalidated or scientifically unsupported mental health practices can lead individuals to forgo effective treatments" and refers to this as " opportunity cost ". Source: Internet

"A full bailout will require a great deal more and Cabinet will have to weigh this against the opportunity cost of funding other social or productive projects and programmes," Jooste said. Source: Internet

A firm's weighted average cost of capital (after tax) is often used, but many people believe that it is appropriate to use higher discount rates to adjust for risk, opportunity cost, or other factors. Source: Internet

Any decision in allocating capital is likewise: there is an opportunity cost of capital, or a hurdle rate, defined as the expected rate one could get by investing in similar projects on the open market. Source: Internet

Any economist will consider the immediate opportunity cost of the logrolling procedure within the legislative body, as well as the external cost of the vote (the cost to enact and see the bill through to fruition). Source: Internet

Close letter words and terms

opportunity opportunity class opportunity comes knocking opportunity cost of capital opportunity for enhancement opportunity for entry