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| sunk cost definitions | |||
|---|---|---|---|
| # | Definition | Sets | |
| 1 | a cost that has already been committed and cannot be recovered | 5 sets | |
| 2 | a cost that has already been incurred and that cannot be changed by any decision made now or in the future. | 4 sets | |
| 3 | a cost that has already been paid and that cannot be recovered | 3 sets | |
| 4 | a cost that is beyond recovery when a decision must be made | 2 sets | |
| 5 | expenditure that has been made and cannot be recovered | 2 sets | |
| 6 | a cost you have already incurred and cannot recover, regardless of what you do now | 2 sets | |
| 7 | a cost that has already occurred and is not affected by a capital budgeting decision. | 2 sets | |
| 8 | a cost that is beyond recovery at the moment a decision must be made. | 2 sets | |
| 9 | a previously incurred and irreversible cost | 2 sets | |
| 10 | cost that an never be recovered | 2 sets | |
| 11 | non recoverable expenditures | 1 set | |
| 12 | costs that can't be avoided at the time a decision is made | 1 set | |
| 13 | an expenditure that once made cannot be recovered | 1 set | |
| 14 | anything in the past or already spent. used when thinking marginally | 1 set | |
| 15 | a cost that has been incurred and cannot by avoided or changed | 1 set | |
| 16 | a cost you cannot get back no matter what | 1 set | |
| 17 | costs that have already been incurred and shold not effect your decision making process (assuming rationality!) | 1 set | |
| 18 | a cost that cannot be recovered; | 1 set | |
| 19 | cost a firm has already committed to pay, cannot be recovered | 1 set | |
| 20 | a cost you have already incurred and cannot recover, regardless of what you do no-- grocery store line | 1 set | |
| 21 | costs that have already been occurred and can not be recovered | 1 set | |
| 22 | an investment in an asset with no alternative use | 1 set | |
| 23 | a cost that a firm has already paid or committed to pay, so it cannot be recovered | 1 set | |
| 24 | if you buy something but no longer need it, the cost and value becomes lowered. however, it is better to sell it for some price regardless of what you originally paid | 1 set | |
| 25 | an expenditure that cannot be recovered; opportunity cost equals zero because the equipment has no alternative use (i.e. historical cost) | 1 set | |
| 26 | a cost you have already incurred and cannot recover, regardless of what you do now; you stood in line for 30 minutes to buy a movie ticket, your suck cost is the 30 minutes you gave up | 1 set | |
| 27 | cost that has already been incurred and cannot be recovered. | 1 set | |
| 28 | a cost that has alreaddy been committed and cannot be removed | 1 set | |
| 29 | a cost that has already been incurred and is thus unavoidable | 1 set | |
| 30 | a cost that has already been incurred and is not recoverable. | 1 set | |
| 31 | a cost that's already been spent that can't be recovered; according to the economic theory, it shouldn't be considered as one makes future decisions, because it only distorts understanding | 1 set | |
| 32 | a past cost that has been incurred and cannot be reversed | 1 set | |
| 33 | cost that has already been incurred and cannot be changed or eliminated in the short term | 1 set | |
| 34 | cost that is beyond recovery at the moment a decision is made and should not be included in the cost/benefit analysis | 1 set | |
| 35 | cost that can never be recovered | 1 set | |
| 36 | a cost that is beyong recovery at the moment a decison must be made | 1 set | |
| 37 | a cost that has already been incurred and cannot be removed and therefore should not be considered in an investment decision | 1 set | |
| 38 | a cost that has already been incurred; does not affect any future cost and cannot be changed by any current or future action; these costs are irrelevant to decisions. | 1 set | |
| 39 | cost that cannot be recovered | 1 set | |
| 40 | cost you can never recover | 1 set | |