Business terms and jargon explained. Your business dictionary

What is Opportunity Costs

Is the loss incurred by taking one course of action rather than another. E.g., you set up a business and expect to make 100K where you will give up a job that pays 50K. The 50k that you give up is a cost. (only in economics costing or management costing not in accounting).

<- Go Back
Business Terms Home page

Search jargon and terms database to learn more:-

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z

Search Term   

Decree Nisi Guaranteeing Associations Home Bias Installment
Yuppie Puisne Judge Alternate bid Payer
Bank Statements Intellectual property Office Of Export Integrated Emergency Management
Will Organic growth N162 Civil Court form Down Tick
In camera N434 Civil Court form UN Nominated court
Discount received EPC OTR Budget
Tax Avoidance Relative Cost Security for Loans European Sales Lists
Market equilibrium Surety Black knight Dominium
VCU Ratio decidendi Subpoena Lempira
Res nulis IOU Notice board terms of use Constrained Discretion

Term created / updated 2011-06-05 11:47:48

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

Copyright © 2004-2019 Scopulus Limited. All rights reserved.