OPPORTUNITY COST
(noun)
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Definitions
There is 1 meaning of the phrase
Opportunity Cost.
Opportunity Cost - as a noun
Cost in terms of forgoing alternatives
Hypernyms (Closely Related)
Hyponyms (Broadly Related)
Example Sentences
"The opportunity cost of going to the movies is not being able to spend that time studying."
"Investing in stocks has both potential gains and opportunity costs."
"By choosing to hire more employees, the opportunity cost is the additional salary expenses."
"The opportunity cost of buying a new car is not being able to save that money for a down payment on a house."
"If you decide to start your own business, the opportunity cost may be giving up a stable income."
