sunk cost definition

Glossary: sunk cost

Sunk cost are the past expenditures for a given activity that are typically irrelevant in whole or in part to future decisions. The “sunk cost fallacy” is an attempt to recoup spent dollars by spending still more dollars in the future.

Click here for more sunk cost / Dictionary of Terms

Enter your email address below for sunk cost and Business Planning information.

Definition: sunk cost

If you need assistance in developing a business plan, our staff of industry leading consultants can assist you in preparing a winning presentation.

Contact us for a business plan quote to learn more about how we define sunk cost and how we can help you complete your business plan today.

Additional terms to learn about sunk cost definitions