Definition of opportunity cost in English:

opportunity cost

Line breaks: op¦por¦tun|ity cost

noun

Economics
  • The loss of other alternatives when one alternative is chosen.
    More 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.

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Word of the day milord
Pronunciation: mɪˈlɔːd
noun
used to address an English nobleman