Definitions for "Sunk Costs"
Cost s which could not be avoided even if the project were to be terminated. [D03955] PNG Unavoidable cost [D01953] WST
Investment costs that are committed and can not be recovered.
Costs that have been paid in the past and are thus irrelevant because the cost has been paid whether a project is accepted or rejected.
Expenditures that are at least partially lost once an investment is made.