Dutch
- opportuniteitskost, opportuniteitskosten
English
- opportunity cost
- cost of your lost opportunity
- lost opportunity costs
Definitions
‘Opportunity cost is the forgone benefit that would have been derived by an option not chosen. To properly evaluate opportunity costs, the costs and benefits of every option available must be considered and weighed against the others.’ (https://www.investopedia.com/terms/o/opportunitycost.asp)
‘In microeconomic theory, opportunity cost is the loss or the benefit that could have been enjoyed if the best alternative choice was chosen.’ (https://en.wikipedia.org/wiki/Opportunity_cost)