opportunity cost

Noun
  1. Cost in terms of foregoing alternatives (synset 113326816)
    is a type of: cost - the total spent for goods or services including money and time and labor
    subtypes:
    • capital cost, cost of capital - the opportunity cost of the funds employed as the result of an investment decision; the rate of return that a business could earn if it chose another investment with equivalent risk
    • carrying charge, carrying cost - the opportunity cost of unproductive assets; the expense incurred by ownership

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