Definition: Costs that are irrevocable and should not be used to influence current decisions.
Sunk Costs
<Back to Last Page> <Full Glossary>
Explore Economics
Must Reads
By Category
- Help For Econ Students
- Macro, Micro, Other Fields
- Economics Glossary
- Sports Economics
- Interest Rates
- Exchange Rates
- Money & Monetary Policy
- Econ Term Paper Help
- Inflation and Deflation
- Finance & Investing
- Taxes, Policy, & Politics
- Economic Indicators
- Globalization & Trade
- Economists - Info and Bios
- Issues In The News
About.com Special Features
Make Meals Easy
An easy way to put delicious meals together.Build Your Business
Get tips on starting up and staying competitive.Love Your Living Space
Achieve your dream home with advice from the pros.Financial Planning
Stay on top with our smart financial tips.
©2009 About.com, a part of The New York Times Company.
All rights reserved.