Meaning

1 senses
  1. The cost of an opportunity forgone (and the loss of the benefits that could be received from that opportunity); the most valuable forgone alternative.

    Opportunitätskosten

    альтернативные затратыalʹternativnyje zatraty, альтернативные изде́ржкиalʹternativnyje izdéržki

More definitions
  • cost in terms of forgoing alternatives

Examples

1 sentences
  1. Everything in life has an opportunity cost.

Translations

6 languages
Русский
By meaning 1
cost of something in terms of an opportunity forgone:
Deutsch
By meaning 1
cost of something in terms of an opportunity forgone:

Forms

plural: opportunity costs

Word family

1 related words
Relatedcash drag

See also

neighbours in the dictionary
opportunity cost — meaning, examples, forms, synonyms | Krumeto