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  1. Investopedia
    https://www.investopedia.com/terms/s/sunkcost.asp

    What Is a Sunk Cost—and the Sunk Cost Fallacy? - Investopedia

    • A sunk cost is an expense that cannot be recovered by additional spending or investment. Businesses should be careful to exclude sunk costs from future decisions because they will remain the same reg… See more

    Understanding Sunk Costs

    A sunk cost refers to money that has already been spent and cannot be recovered. A manufacturing firm, for example, may have a number of sunk costs, suc… See more

    Investopedia
    Types of Sunk Costs

    All sunk costs are fixed costs but not all fixed costs are sunk costs. The difference is that sunk … See more

    Investopedia
    The Sunk Cost Fallacy

    The sunk cost fallacy is the improper mindset a company or individual may have when working through a decision. This fallacy is based on the premise that committing … See more

    Investopedia
    How to Avoid The Sunk Cost Fallacy

    The sunk cost fallacy can easily be overcome with mindfulness, dedicate, and thoughtful planning. Here's a few pointers on overcoming the mental challenge. 1. Frame the … See more

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    Table of Contents
    Understanding Sunk Costs
    Types of Sunk Costs
    The Sunk Cost Fallacy
    How to Avoid The Sunk Cost Fallacy
     
  1. Sunk cost In economics and business decision-making, a sunk cost (also known as retrospective cost) is a cost that has already been incurred and cannot be recovered. Sunk costs are contrasted with prospective costs, which are future costs that may be avoided if action is taken.

    Sunk cost - Wikipedia

    en.wikipedia.org/wiki/Sunk_cost
    sunk cost, in economics and finance, a cost that has already been incurred and that cannot be recovered. In economic decision making, sunk costs are treated as bygone and are not taken into consideration when deciding whether to continue an investment project.

    Sunk cost | Opportunity Cost, Rational De…

    www.britannica.com/money/sunk-cost
  2. Wikipedia
    https://en.wikipedia.org/wiki/Sunk_cost

    Sunk cost - Wikipedia

  3. Corporate Finance Institute
    https://corporatefinanceinstitute.com/resources/economics/sunk-cost

    Sunk Cost - Overview, Examples, Fallacy, Applications

  4. Britannica
    https://www.britannica.com/money/sunk-cost

    Sunk cost | Opportunity Cost, Rational Decision-Making

  5. Investopedia
    https://www.investopedia.com/terms/s/sunk-cost-dilemma.asp

    Sunk Cost Dilemma: What It Means, How It Works, and Example

  6. People also ask
    What does 'sunk cost' really mean?
    A sunk cost refers to money that has already been spent and cannot be recovered. A manufacturing firm, for example, may have a number of sunk costs, such as the cost of machinery, equipment, and the lease expense on the factory.

    Sunk cost definition — AccountingTools

    thestreet.com
    Why is the Sunk Cost is unavoidable cost?
    Sunk costs do not have to be fixed in nature. Variable costs that have been incurred in the past and cannot be changed or avoided in the future still represent sunk costs. That is, for decision making purposes fixed costs are not necessarily irrelevant (unavoidable) and variable costs are not always relevant (avoidable).

    Sunk Cost Definition & Example - investopedia.com

    investopedia.com
    Why are sunk costs irrelevant in deciding whether to sell?
    Sunk costs are the cost which have already been incurred in the past and cannot be recovered. In the business decision making process, sunk costs should not be considered while making a decision as they have already been incurred and whatever be the outcome of your decision, it will not be affect the cost in any way as it already has been incurred.

    Why are sunk costs irrelevant in decision making? - Quora

    quora.com
    Why sunk costs are irrelevant in business?
    Sunk costs are irrelevant in the decision making process because these costs will not change whatever option you chose. It's a past cost, what's spent has been spent. Like for example, you've spent $500 for marketing expense of your cake business but it did not give you higher sales, you can't do anything about it, you cannot recover the $500.

    Why should sunk costs be ignored in ... - Business Accounting

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  7. Investopedia
    https://www.investopedia.com/financial-edge/0712/...

    How to Recognize Sunk Costs - Investopedia

  8. Finance Strategists
    https://www.financestrategists.com/.../sunk-costs

    Sunk Costs | Extensive Look With Examples and FAQs - Finance …

  9. Helpful Professor
    https://helpfulprofessor.com/sunk-costs-examples

    21 Sunk Costs Examples (The Fallacy Explained) - Helpful Professor

  10. TheStreet
    https://www.thestreet.com/dictionary/sunk-cost

    What Is a Sunk Cost? Definition, Examples & Fallacy

  11. Quickonomics
    https://quickonomics.com/terms/sunk-costs

    Sunk Costs Definition & Examples - Quickonomics