Sunk costs

• Cash outlays that have already been made (ie., past outlays) and therefore have no effect on the cash flows relevant to a current decision.

• Costs that have been incurred and cannot be reversed.


Follow this link for all the terms related to cost.

 Embedded terms in definition
 Cash flow
 Related Terms

<< Sum of the years' digits depreciation Super floater >>

Teaching Children the Financial Facts of Life: Showing the importance of saving, spending wisely and sharing with others More...

Peace cannot be kept by force. It can only be achieved by understanding. Albert Einstein


Copyright 2009-2018 GVC. All rights reserved.