opportunity cost
noun Economics.
the money or other benefits lost when pursuing a particular course of action instead of a mutually-exclusive alternative: The company cannot afford the opportunity cost attached to policy decisions made by the current CEO.
QUIZZES
CHALLENGE YOURSELF WITH THIS MIDDLE SCHOOL PART OF SPEECH QUIZ!
How well do you know your adjectives from your adverbs? Your preposition from your pronouns? Your interjections from your conjunctions? Let’s put your knowledge of parts of speech to the text!
Note: Many of the following questions will ask you to identify the parts of speech “in order.” That means the first word in all capital letters will correspond to the first option in an answer, and so on.
Question 1 of 10
In order, what parts of speech are the words in all capital letters? Alisa was VERY tired, SO she decided to go to bed.
Origin of opportunity cost
First recorded in 1910–15
Words nearby opportunity cost
opportunism, opportunist, opportunistic, opportunistic infection, opportunity, opportunity cost, opportunity shop, opposable, opposable thumb, oppose, opposed-cylinder
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020
British Dictionary definitions for opportunity cost
opportunity cost
noun
economics the benefit that could have been gained from an alternative use of the same resource
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
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