Dictionary

opportunity cost en · NOUN

Meanings

1. The cost of an opportunity forgone (and the loss of the benefits that could be received from that opportunity); the most valuable forgone alternative.
   • Thanks to business school, I can understand how I've actually paid for this time at home with my family—the opportunity cost of my time, my forgone income, etc. 2004 June 7, “Jeff Pillet-Shore: Second Year Winds Down”, in BusinessWeek, archived from the original on 08 Mar 2005, retrieved 30 Oct 2008:
   • Implicit in this fixation with time is the thesis that the opportunity cost of regular shopping is too high – that the hours spent driving to the better bookstore in the next town can be spent doing something more valuable. […] But as our urban lives have grown more pressed for time, we have diced our opportunity costs finer and finer; from budgeting days or slabs of hours, we have come to rationing minutes. 2019 November 21, Samanth Subramanian, “How our home delivery habit reshaped the world”, in The Guardian, archived from the original on 06 Apr 2020:

Forms

Coordinates

marginal cost · accounting cost

Hypernyms

cost · expense

Relateds

cash drag

Translations (16)

es costo alternativo (cost of something in terms of an opportunity forgone) · es coste de oportunidad (cost of something in terms of an opportunity forgone) · fr coût de renonciation (cost of something in terms of an opportunity forgone) · de Opportunitätskosten (cost of something in terms of an opportunity forgone) · cs náklady obětované příležitosti (cost of something in terms of an opportunity forgone) · tl ipinagpalibang halaga (cost of something in terms of an opportunity forgone) · ru альтернативные затраты (cost of something in terms of an opportunity forgone) · cmn 機會成本 /机会成本 (cost of something in terms of an opportunity forgone) · hy այլընտրանքային ծախս (cost of something in terms of an opportunity forgone) · it costo opportunità (cost of something in terms of an opportunity forgone) · fi vaihtoehtoiskustannus (cost of something in terms of an opportunity forgone) · pl koszt alternatywny (cost of something in terms of an opportunity forgone) · fr coût d'opportunité (cost of something in terms of an opportunity forgone) · cs náklady ušlé příležitosti (cost of something in terms of an opportunity forgone) · fr coût de renoncement (cost of something in terms of an opportunity forgone) · ru альтернативные изде́ржки (cost of something in terms of an opportunity forgone)