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The cost of an opportunity forgone (and the loss of the benefits that could be received from that opportunity); the most valuable forgone alternative.
Definition source: English Wiktionary via Wiktextract
Topics: economics, sciences
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
Broader terms: cost, expense
cost in terms of foregoing alternatives
Definition source: Princeton WordNet 3.0
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
Broader terms: cost
Narrower terms: cost of capital, capital cost, carrying cost, carrying charge
No etymology was provided for this word.
Across languages
Translations
16 source translations are retained for this English entry.
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Armenian:
այլընտրանքային ծախս
(ayləntrankʻayin caxs)
— cost of something in terms of an opportunity forgone
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Chinese Mandarin:
機會成本 /机会成本
(jīhuì chéngběn)
— cost of something in terms of an opportunity forgone
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Czech:
náklady obětované příležitosti
— cost of something in terms of an opportunity forgone
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Czech:
náklady ušlé příležitosti
— cost of something in terms of an opportunity forgone
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Finnish:
vaihtoehtoiskustannus
— cost of something in terms of an opportunity forgone
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French:
coût de renoncement
— cost of something in terms of an opportunity forgone
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French:
coût de renonciation
— cost of something in terms of an opportunity forgone
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French:
coût d'opportunité
— cost of something in terms of an opportunity forgone
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German:
Opportunitätskosten
— cost of something in terms of an opportunity forgone
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Italian:
costo opportunità
— cost of something in terms of an opportunity forgone
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Polish:
koszt alternatywny
— cost of something in terms of an opportunity forgone
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Russian:
альтернативные затраты
(alʹternativnyje zatraty)
— cost of something in terms of an opportunity forgone
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Russian:
альтернативные изде́ржки
(alʹternativnyje izdéržki)
— cost of something in terms of an opportunity forgone
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Spanish:
coste de oportunidad
— cost of something in terms of an opportunity forgone
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Spanish:
costo alternativo
— cost of something in terms of an opportunity forgone
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Tagalog:
ipinagpalibang halaga
— cost of something in terms of an opportunity forgone