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opportunity cost |
Also found in: Financial, Encyclopedia, Wikipedia, Hutchinson | 0.01 sec. |
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opportunity cost the amount of money that is alienated by choosing to use it for one project rather than another, i.e. the opportunity to make a profit by investing in another project is lost. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| ? Mentioned in | ? References in periodicals archive | |
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Each qualifying senior can preserve up to an additional
$10,000 of his or her estate legacy over a 2-year length of residency
while saving the alternative cost premium of private-pay nursing. The alternative cost are ignored: Hours spent in rewrite of the
manual, in reviewing and in counseling, by the writers and the technical
people involved. Arbitrage is a fancy term sometimes used to describe the benefits
of the alternative cost of money. |
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