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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)
cost6
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."
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