sunk costs fallacy
Word Rarity
Rare
Frequency: Zipf frequency 3.09 in modern English
30
Scrabble Score
16
Letters
6
Syllables
11
Unique Chars
Meaning
noun
The systematic tendency to allow unrecoverable past investments of time, money, or effort to affect a forward-looking decision, thereby continuing a project even when expected future costs exceed expected future benefits.