Business Terms and Jargon Explained

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

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   

Private Motor Vehicle Crypto-jacking External Auditor
Gain Traction Households Custody time limit
Auction Minority Interest Ex gratia
Media kit Preference Shares Bankers draft
Additur Bubble N244 Civil Court form
Dobra Tailwinds Company Secretary
Residence Valuation reserve FAQ
Dissolution Time Sheet Invoice
Tax Form - P46 Executrix-nominate Market share
Accountancy PaaS Closure Formal
FOMO Current Liability VOIP
Nanotechnology OTR Domain name
Woody Order of committal Inter alia

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 jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

Copyright © 2004-2021 Scopulus Limited. All rights reserved.