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opportunity cost - Wiktionary, the free dictionary
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href="https://mg.wiktionary.org/wiki/opportunity_cost" title="opportunity cost – Malagasy" lang="mg" hreflang="mg" data-title="opportunity cost" data-language-autonym="Malagasy" data-language-local-name="Malagasy" class="interlanguage-link-target"><span>Malagasy</span></a></li><li class="interlanguage-link interwiki-fi mw-list-item"><a href="https://fi.wiktionary.org/wiki/opportunity_cost" title="opportunity cost – Finnish" lang="fi" hreflang="fi" data-title="opportunity cost" data-language-autonym="Suomi" data-language-local-name="Finnish" class="interlanguage-link-target"><span>Suomi</span></a></li><li class="interlanguage-link interwiki-sv mw-list-item"><a href="https://sv.wiktionary.org/wiki/opportunity_cost" title="opportunity cost – Swedish" lang="sv" hreflang="sv" data-title="opportunity cost" data-language-autonym="Svenska" data-language-local-name="Swedish" class="interlanguage-link-target"><span>Svenska</span></a></li><li class="interlanguage-link interwiki-ta mw-list-item"><a href="https://ta.wiktionary.org/wiki/opportunity_cost" title="opportunity cost – Tamil" lang="ta" hreflang="ta" data-title="opportunity cost" data-language-autonym="தமிழ்" data-language-local-name="Tamil" class="interlanguage-link-target"><span>தமிழ்</span></a></li><li class="interlanguage-link interwiki-vi mw-list-item"><a href="https://vi.wiktionary.org/wiki/opportunity_cost" title="opportunity cost – Vietnamese" lang="vi" hreflang="vi" data-title="opportunity cost" data-language-autonym="Tiếng Việt" data-language-local-name="Vietnamese" class="interlanguage-link-target"><span>Tiếng Việt</span></a></li><li class="interlanguage-link interwiki-zh mw-list-item"><a href="https://zh.wiktionary.org/wiki/opportunity_cost" title="opportunity cost – Chinese" lang="zh" hreflang="zh" data-title="opportunity cost" data-language-autonym="中文" data-language-local-name="Chinese" class="interlanguage-link-target"><span>中文</span></a></li> </ul> </div> </div> </div> </header> <div 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class="interproject-box sister-wikipedia sister-project noprint floatright"><div style="float: left;"><figure class="mw-halign-none" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/8/80/Wikipedia-logo-v2.svg/44px-Wikipedia-logo-v2.svg.png" decoding="async" width="44" height="40" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/8/80/Wikipedia-logo-v2.svg/66px-Wikipedia-logo-v2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/8/80/Wikipedia-logo-v2.svg/88px-Wikipedia-logo-v2.svg.png 2x" data-file-width="103" data-file-height="94" /></span><figcaption></figcaption></figure></div><div style="margin-left: 60px;">English <a href="/wiki/Wikipedia" title="Wikipedia">Wikipedia</a> has an article on:<div style="margin-left: 10px;"><b class="Latn" lang="en"><a href="https://en.wikipedia.org/wiki/opportunity_cost" class="extiw" title="w:opportunity cost">opportunity cost</a></b></div></div><span class="interProject"><a href="https://en.wikipedia.org/wiki/opportunity_cost" class="extiw" title="w:opportunity cost">Wikipedia </a></span></div><style data-mw-deduplicate="TemplateStyles:r81571951">.mw-parser-output .interproject-box{font-size:90%;width:250px;padding:4px;text-align:left;background:var(--wikt-palette-paleblue,#f9f9f9);border:var(--border-color-base,#aaa)1px solid}@media screen and (max-width:719px){.mw-parser-output .interproject-box{box-sizing:border-box;line-height:1.5;width:100%;max-width:100%}}</style> <div class="mw-heading mw-heading3"><h3 id="Noun">Noun</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=opportunity_cost&action=edit&section=2" title="Edit section: Noun"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p><span class="headword-line"><strong class="Latn headword" lang="en"><a href="/wiki/opportunity#English" title="opportunity">opportunity</a> <a href="/wiki/cost#English" title="cost">cost</a></strong> (<i>plural</i> <b class="Latn form-of lang-en p-form-of" lang="en"><a href="/wiki/opportunity_costs#English" title="opportunity costs">opportunity costs</a></b>)</span> </p> <ol><li><span class="usage-label-sense"><span class="ib-brac">(</span><span class="ib-content"><a href="/wiki/economics" title="economics">economics</a></span><span class="ib-brac">)</span></span> The cost of an opportunity <a href="/wiki/forgo" title="forgo">forgone</a> (and the loss of the <a href="/wiki/benefit" title="benefit">benefits</a> that could be received from that opportunity); the most <a href="/wiki/valuable" title="valuable">valuable</a> forgone alternative. <ul><li><div class="citation-whole"><span class="cited-source"><b>2019</b> November 21, Samanth Subramanian, “How our home delivery habit reshaped the world”, in <cite>The Guardian</cite>‎<sup><a rel="nofollow" class="external autonumber" href="https://www.theguardian.com/technology/2019/nov/21/how-our-home-delivery-habit-reshaped-the-world">[1]</a></sup>:</span><dl><dd><div class="h-quotation"><span class="Latn e-quotation cited-passage" lang="en">Implicit in this fixation with time is the thesis that the <b>opportunity cost</b> 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.</span></div></dd></dl></div></li> <li><div class="citation-whole"><span class="cited-source"><b>2004</b> June 7, “<a rel="nofollow" class="external text" href="http://www.businessweek.com/bschools/content/mbajournal/02pillet-shore/10.htm">Jeff Pillet-Shore: Second Year Winds Down</a>”, in <cite>BusinessWeek</cite>, retrieved 30 Oct., 2008:</span><dl><dd><div class="h-quotation"><span class="Latn e-quotation cited-passage" lang="en">Thanks to business school, I can understand how I've actually paid for this time at home with my family—the <b>opportunity cost</b> of my time, my forgone income, etc.</span></div></dd></dl></div></li></ul></li></ol> <div class="mw-heading mw-heading4"><h4 id="Related_terms">Related terms</h4><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=opportunity_cost&action=edit&section=3" title="Edit section: Related terms"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><span class="Latn" lang="en"><a href="/wiki/accounting_cost#English" title="accounting cost">accounting cost</a></span></li></ul> <div class="mw-heading mw-heading4"><h4 id="Translations">Translations</h4><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=opportunity_cost&action=edit&section=4" title="Edit section: Translations"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="NavFrame" id="Translations-cost_of_something_in_terms_of_an_opportunity_forgone"><div class="NavHead" style="text-align:left">cost of something in terms of an opportunity forgone</div><div class="NavContent"><table class="translations" role="presentation" data-gloss="cost of something in terms of an opportunity forgone"><tbody><tr><td class="translations-cell multicolumn-list" colspan="3"><style data-mw-deduplicate="TemplateStyles:r81584270">.mw-parser-output .translations{width:100%}.mw-parser-output .translations-cell{background-color:var(--wikt-palette-lightyellow,#FFFFe0);vertical-align:top;text-align:left}</style> <ul><li>Armenian: <span class="Armn" lang="hy"><a href="/w/index.php?title=%D5%A1%D5%B5%D5%AC%D5%A8%D5%B6%D5%BF%D6%80%D5%A1%D5%B6%D6%84%D5%A1%D5%B5%D5%AB%D5%B6_%D5%AE%D5%A1%D5%AD%D5%BD&action=edit&redlink=1" class="new" title="այլընտրանքային ծախս (page does not exist)">այլընտրանքային ծախս</a></span> <span class="mention-gloss-paren annotation-paren">(</span><span lang="hy-Latn" class="tr Latn">ayləntrankʻayin caxs</span><span class="mention-gloss-paren annotation-paren">)</span></li> <li>Chinese: <dl><dd>Mandarin: <span class="Hant" lang="cmn"><a href="/wiki/%E6%A9%9F%E6%9C%83%E6%88%90%E6%9C%AC#Mandarin" title="機會成本">機會成本</a></span><span class="Zsym mention" style="font-size:100%;">/</span><span class="Hans" lang="cmn"><a href="/wiki/%E6%9C%BA%E4%BC%9A%E6%88%90%E6%9C%AC#Mandarin" title="机会成本">机会成本</a></span><span class="tpos"> <a href="https://zh.wiktionary.org/wiki/%E6%A9%9F%E6%9C%83%E6%88%90%E6%9C%AC" class="extiw" title="zh:機會成本">(zh)</a></span> <span class="mention-gloss-paren annotation-paren">(</span><span lang="cmn-Latn" class="tr Latn">jīhuì chéngběn</span><span class="mention-gloss-paren annotation-paren">)</span></dd></dl></li> <li>Czech: <span class="Latn" lang="cs"><a href="/wiki/n%C3%A1klady_ob%C4%9Btovan%C3%A9_p%C5%99%C3%ADle%C5%BEitosti#Czech" title="náklady obětované příležitosti">náklady obětované příležitosti</a></span> <span class="gender"><abbr title="masculine gender">m</abbr> <abbr title="plural number">pl</abbr></span>, <span class="Latn" lang="cs"><a href="/wiki/n%C3%A1klady_u%C5%A1l%C3%A9_p%C5%99%C3%ADle%C5%BEitosti#Czech" title="náklady ušlé příležitosti">náklady ušlé příležitosti</a></span> <span class="gender"><abbr title="masculine gender">m</abbr> <abbr title="plural number">pl</abbr></span></li> <li>Finnish: <span class="Latn" lang="fi"><a href="/wiki/vaihtoehtoiskustannus#Finnish" title="vaihtoehtoiskustannus">vaihtoehtoiskustannus</a></span><span class="tpos"> <a href="https://fi.wiktionary.org/wiki/vaihtoehtoiskustannus" class="extiw" title="fi:vaihtoehtoiskustannus">(fi)</a></span></li> <li>French: <span class="Latn" lang="fr"><a href="/w/index.php?title=co%C3%BBt_de_renoncement&action=edit&redlink=1" class="new" title="coût de renoncement (page does not exist)">coût de renoncement</a></span> <span class="gender"><abbr title="masculine gender">m</abbr></span>, <span class="Latn" lang="fr"><a href="/w/index.php?title=co%C3%BBt_de_renonciation&action=edit&redlink=1" class="new" title="coût de renonciation (page does not exist)">coût de renonciation</a></span> <span class="gender"><abbr title="masculine gender">m</abbr></span>, <span class="Latn" lang="fr"><a href="/wiki/co%C3%BBt_d%27opportunit%C3%A9#French" title="coût d'opportunité">coût d’opportunité</a></span><span class="tpos"> <a href="https://fr.wiktionary.org/wiki/co%C3%BBt_d%27opportunit%C3%A9" class="extiw" title="fr:coût d'opportunité">(fr)</a></span> <span class="gender"><abbr title="masculine gender">m</abbr></span></li> <li>German: <span class="Latn" lang="de"><a href="/wiki/Opportunit%C3%A4tskosten#German" title="Opportunitätskosten">Opportunitätskosten</a></span><span class="tpos"> <a href="https://de.wiktionary.org/wiki/Opportunit%C3%A4tskosten" class="extiw" title="de:Opportunitätskosten">(de)</a></span> <span class="gender"><abbr title="plural number">pl</abbr></span></li> <li>Italian: <span class="Latn" lang="it"><a href="/wiki/costo_opportunit%C3%A0#Italian" title="costo opportunità">costo opportunità</a></span></li> <li>Polish: <span class="Latn" lang="pl"><a href="/w/index.php?title=koszt_alternatywny&action=edit&redlink=1" class="new" title="koszt alternatywny (page does not exist)">koszt alternatywny</a></span> <span class="gender"><abbr title="masculine gender">m</abbr></span></li> <li>Portuguese: <span class="trreq" data-lang="pt"><i>please add this translation if you can</i></span></li> <li>Russian: <span class="Cyrl" lang="ru"><a href="/w/index.php?title=%D0%B0%D0%BB%D1%8C%D1%82%D0%B5%D1%80%D0%BD%D0%B0%D1%82%D0%B8%D0%B2%D0%BD%D1%8B%D0%B5_%D0%B7%D0%B0%D1%82%D1%80%D0%B0%D1%82%D1%8B&action=edit&redlink=1" class="new" title="альтернативные затраты (page does not exist)">альтернативные затраты</a></span> <span class="gender"><abbr title="feminine gender">f</abbr> <abbr title="plural number">pl</abbr></span> <span class="mention-gloss-paren annotation-paren">(</span><span lang="ru-Latn" class="tr Latn">alʹternativnyje zatraty</span><span class="mention-gloss-paren annotation-paren">)</span>, <span class="Cyrl" lang="ru"><a href="/w/index.php?title=%D0%B0%D0%BB%D1%8C%D1%82%D0%B5%D1%80%D0%BD%D0%B0%D1%82%D0%B8%D0%B2%D0%BD%D1%8B%D0%B5_%D0%B8%D0%B7%D0%B4%D0%B5%D1%80%D0%B6%D0%BA%D0%B8&action=edit&redlink=1" class="new" title="альтернативные издержки (page does not exist)">альтернативные изде́ржки</a></span> <span class="gender"><abbr title="feminine gender">f</abbr> <abbr title="plural number">pl</abbr></span> <span class="mention-gloss-paren annotation-paren">(</span><span lang="ru-Latn" class="tr Latn">alʹternativnyje izdéržki</span><span class="mention-gloss-paren annotation-paren">)</span></li> <li>Spanish: <span class="Latn" lang="es"><a href="/w/index.php?title=coste_de_oportunidad&action=edit&redlink=1" class="new" title="coste de oportunidad (page does not exist)">coste de oportunidad</a></span> <span class="gender"><abbr title="masculine gender">m</abbr></span>, <span class="Latn" lang="es"><a href="/w/index.php?title=costo_de_oportunidad&action=edit&redlink=1" class="new" title="costo de oportunidad (page does not exist)">costo de oportunidad</a></span> <span class="gender"><abbr title="masculine gender">m</abbr></span>, <span class="Latn" lang="es"><a href="/w/index.php?title=costo_alternativo&action=edit&redlink=1" class="new" title="costo alternativo (page does not exist)">costo alternativo</a></span> <span class="gender"><abbr title="masculine gender">m</abbr></span></li> <li>Tagalog: <span class="Latn" lang="tl"><a href="/w/index.php?title=ipinagpalibang_halaga&action=edit&redlink=1" class="new" title="ipinagpalibang halaga (page does not exist)">ipinagpalibang halaga</a></span></li></ul> </td></tr></tbody></table></div></div> <!-- NewPP limit report Parsed by mw‐web.codfw.main‐78f4c97c5d‐w7kzw Cached time: 20241128232640 Cache expiry: 2592000 Reduced expiry: false 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