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opportunity cost
[ op-er-too-ni-tee kawst ]
noun
- 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
- economics the benefit that could have been gained from an alternative use of the same resource
yvlog History and Origins
Origin of opportunity cost1
Compare Meanings
How does opportunity cost compare to similar and commonly confused words? Explore the most common comparisons:
Example Sentences
The post-pandemic increase in wages in no way can compensate for the last opportunity cost of a generation of flat or real wage loss that was replaced by predatory consumer credit and student loans.
He pinpoints one issue: the new approach had to be "opportunity cost neutral" - in other words, including a wider range of diseases without extra NHS spending.
As a loose ball flew up out of a contest between Nwankwo Kanu and Simon Davies, he didn't think about high-value shots or low defensive blocks, opportunity cost or half spaces.
“There is opportunity cost to this money ... it doesn’t go to emerging markets where it can finance jobs and business opportunities for American companies.”
There’s also an opportunity cost, as Trump is losing time to get out in front of swing-state voters.
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