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sunk cost |
Also found in: Wikipedia | 0.04 sec. |
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Sunk Cost A cost that has been incurred and cannot be reversed. Also referred to as "stranded cost." Notes: A worn-out piece of equipment bought several years ago is a sunk cost because the cost of buying it cannot be reversed.
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5 million and committed costs to the end of March 2005 were $29. This feature provides developers with real-time budget visibility to track unapproved invoices and compare committed costs against existing budgets for streamlined reporting of expenditures. Additional support for the rating includes the member systems' 1996 reaffirmation to pay all of GTC's committed costs via joint and several take-or-pay commitments, extending through the year 2025, and the member systems solid financial position. |
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