Usually means: Money spent, cannot be recovered.
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We found 13 dictionaries that define the word sunk cost:

General (5 matching dictionaries)
  1. sunk cost: Longman Dictionary of Contemporary English
  2. sunk cost: Merriam-Webster
  3. sunk cost: Wiktionary
  4. sunk cost: Dictionary.com
  5. Sunk cost: Wikipedia, the Free Encyclopedia

Business (6 matching dictionaries)
  1. INVESTORWORDS (No longer online)
  2. Sunk cost: Deardorff's Glossary of International Economics
  3. Sunk Cost: Investopedia
  4. Sunk cost: Energy Dictionary
  5. sunk cost: Financial dictionary
  6. BusinessDictionary.com (No longer online)

Medicine (1 matching dictionary)
  1. online medical dictionary (No longer online)

Tech (1 matching dictionary)
  1. Energy Terms (No longer online)

Definitions from Wiktionary (sunk cost)

noun:  (economics) A cost that has already been incurred and which cannot be recovered to any significant degree.

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