Define: Sunk Costs

UK Accounting Glossary

Definition: Sunk Costs

Quick Summary of Sunk Costs

Money that has already been spent and cannot be recovered.

What is the dictionary definition of Sunk Costs?

Dictionary Definition


Full Definition of Sunk Costs


Examples of Sunk Costs in a sentence

The cost of their time is a sunk cost.
Economists refer to this as a sunk cost.
The original cost is historical and can therefore be considered to be an irrelevant sunk cost.

Sunk Costs FAQ's

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Sunk Costs. Payroll & Accounting Heaven Ltd. November 19, 2019
Chicago Manual of Style (CMS):
Sunk Costs. Payroll & Accounting Heaven Ltd. (accessed: November 19, 2019).
American Psychological Association (APA):
Sunk Costs. Retrieved November 19, 2019, from website:

Definition Sources

Definitions for Sunk Costs are sourced/syndicated from:

This glossary post was last updated: 28th December 2018.