Oct 21, 2023 · Examples of sunk costs include advertising, marketing, and training expenses. The money spent on these activities cannot be recovered if the project or activity is unsuccessful.

A sunk cost is a cost that has already been spent but is not recoverable in any case, and future business decisions should not be affected by past spending. Spending on research, …

Dec 5, 2025 · Sunk costs are expenditures that can't be recovered. For example, if you decide halfway through installing new hardwood flooring in your house that you hate the way it looks, …

Dec 16, 2025 · A sunk cost refers to a cost that has already occurred and has no potential for recovery in the future. For example, your rent, marketing campaign expenses or money spent …

A sunk cost is a cost that has already occurred and cannot be recovered by any means. Sunk costs are independent of any event and should not be considered when making investment or …

Jul 18, 2025 · Personal finance examples of sunk costs include tuition fees, home improvement expenses, and non-refundable vacation packages. While these expenses may impact your …

Jan 31, 2024 · What are sunk costs? How do they impact decision making? Learn about these and other questions in our comprehensive guide with examples and FAQs.

Oct 19, 2021 · With sunk costs, a business cannot sell what it purchased to recoup the costs. For example, purchasing a machine to manufacture goods is a sunk cost because the business …

Nov 2, 2025 · A fixed cost that is not a sunk cost can be recovered, usually by selling it to a third party; for example, a tractor trailer that can be sold on the resale market is not a sunk cost.

Feb 27, 2025 · Sunk costs apply to personal and business settings. Once the resources (time, money, effort) are spent, they're gone and can't be recovered, no matter the outcome. Rational …