Managing My Money Glossary
Glossary of terms used in Managing My Money.
Browse the glossary using this index
Special | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | ALL
O |
|---|
Opportunity costThe cost of doing or having something measured in terms of the best alternative foregone (done without). | |
Other things being equalA term used by economists and others to indicate that while changing one factor, other factors remain unchanged. | |