Cost of money,
Definition of Cost of money:
The interest that could be earned if the amount invested in a business or security was instead invested in government bonds or in time deposits.
How to use Cost of money in a sentence?
- I didnt know if we could do it because the cost of money would be too high and lead us into bankruptcy.
- Sometimes you can get so much of a better interest rate in another place the cost of money where you have it now is very high.
- You should see if there is a better way to keep your money so that the cost of money you currently have is reduced.
Meaning of Cost of money & Cost of money Definition