OPPORTUNITY COST Definition

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OPPORTUNITY COST is widely used in business planning in evaluating capital investment. A company measures the projected return against the anticipated return it would receive on a highest yielding alternative investment that contains a similar risk profile.

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COLLECTIBLE is an amount subject to or requiring payment especially as specified, e.g. a collectible bill.

DMP is Direct Material Productivity, Debt Management Plan, Debt Management Program, or Data Management Plan.

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