sunk cost

Definition

Cost already incurred which cannot be recovered regardless of future events.

Use sunk cost in a sentence

Sometimes you just have to admit that a project has become a sunk cost and move on to the next one.

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It was a sunk cost and that was a bummer because I really wanted my money back to put into some other venture.

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Less than a year after we bought the new factory, my boss ordered me to shut it down because he realized it was unprofitable and would be a sunk cost.

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