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opportunity cost
(redirected from Hidden costs)

    Also found in: Dictionary/thesaurus, Medical, Financial, Wikipedia 0.01 sec.

opportunity cost

In economic terms, the opportunities forgone in the choice of one expenditure over others. For a consumer with a fixed income, the opportunity cost of buying a new dishwasher might be the value of a vacation trip never taken or several suits of clothes unbought. The concept of opportunity cost allows economists to examine the relative monetary values of various goods and services.
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Aa When quantifying the business value of offshore outsourcing, customers must consider three important aspects that are often ignored: the appropriate comparisons, the hidden costs and the distinction between theory and reality.
Offshore outsourcing: Quantifying ROI by Computer News Middle East
When it comes to renting a car, whether it is the first time or the fifth time, many people feel overwhelmed They are unsure as there are normally so many hidden costs and variables to consider, and they feel confused as to how they should handle the situation When it comes to renting a car, whether it is the first time or the fifth time, many people feel overwhelmed.
Car Renting by Diane Valerie / Automotive community
Despite the fact that it is right that you can save substantial amounts of money once you are paying a low interest rate, if you end up paying other hidden costs and fees, in that case you won?
Mortgage Refinance- Take Care You Get a Good Deal by Lorne Wilkinson / Finance and Investment community
 
 
 
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