sunk cost Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “sunk cost” in the English Dictionary

"sunk cost" in Business English

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sunk costnoun [C, usually plural]

uk   us   ACCOUNTING
money that a ​company has already ​spent or ​invested in a particular ​project, etc. and that it cannot get back: Most ​investmentexpenditures are largely irreversible - ​sunkcosts that cannot be ​recovered if ​marketconditionsturn out to be worse than expected.
(Definition of sunk cost from the Cambridge Business English Dictionary © Cambridge University Press)
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