Advertisement

Advertisement

opportunity cost

[ op-er-too-ni-tee kawst ]

noun

, Economics.
  1. 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.



opportunity cost

noun

  1. economics the benefit that could have been gained from an alternative use of the same resource


Discover More

Word History and Origins

Origin of opportunity cost1

First recorded in 1910–15
Discover More

Compare Meanings

How does opportunity cost compare to similar and commonly confused words? Explore the most common comparisons:

Discover More

Example Sentences

They actually also say that how you judge the value of what you’re doing is not only based on what you’re doing, but it’s also based on opportunity cost.

Because there’s a significant opportunity cost of not asking such questions.

Just think of all the opportunity cost of decreasing that novelty-seeking.

When they have the alerts on, they start thinking about the opportunity cost of that leisure.

On the other hand, if we think about it economically, you think about opportunity costs.

First, the opportunity cost of the conflict, which is not widely appreciated.

One would think Israelis would understand the opportunity cost, and moral hazard, of denying these things to Palestinians.

Advertisement

Advertisement

Advertisement

Advertisement


opportunityopportunity shop