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.
Definition â Opportunity cost is the next best alternative foregone. The fundamental problem of economics is the issue of scarcity. Therefore we are concerned with the optimal use and distribution of these scarce resources.