Definition of opportunity cost in English:

Share this entry

opportunity cost

noun

Economics
The loss of other alternatives when one alternative is chosen.
Example sentences
  • On the other hand, the lower yield curve also implies a lower opportunity cost of waiting to invest, due to the lower short-term rate.
  • For now, we will assume that the opportunity cost of their time is $5, which now gives them a residual of $5.
  • Gold held as reserves by a Central Bank has an opportunity cost.
Share this entry
 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.