shadow price

  

Definition

Opportunity cost of an activity or project to a society, computed where the actual price is not known or, if known, does not reflect the real sacrifice made.

Use shadow price in a sentence

  • You may need to try to come up with a shadow price if that will help you to predict how best to proceed in the future.

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  • The group leader said that jumping of a cliff would be easy, simple, and safe, but little did I know of the shadow price that lurked beneath said task.

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  • The proposed community center has been careful to maintain a Shadow Price when addressed at the town meeting, as to not discourage it's completion.

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