Temporal arteritis, also known as giant cell arteritis, is a condition that involves blood vessel inflammation and damage. According to the University of Maryland Medical Center, this condition may affect the medium or large arteries that supply blood to your head, neck, upper body and arms.
Legal Definition of opportunity cost. : the cost of making an investment that is the difference between the return on one investment and the return on an alternative.
Whatever we choose, the opportunity cost is the value of the choice we could have had. The opportunity cost of working for Company A is the value of what we gave up to take the job. We gave up the value of working for Company B, so that is the opportunity cost of choosing to work for Company A. In this example, we focused more on the monetary costs.