opportunity cost

1. 1.

   cost in terms of foregoing alternatives

   Broadercost

   Narrowercost of capitalcarrying cost

Questions about opportunity cost

What does opportunity cost mean?

opportunity cost means "cost in terms of foregoing alternatives".

Is opportunity cost a common word?

opportunity cost is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.