Examlex
What do geologists call the process that describes how continental glaciers melt away and the surface of the underlying continent rises back up?
Sunk Cost
A cost that has already been incurred and cannot be recovered.
Nonrefundable
Describing a payment or deposit that cannot be returned or refunded back to the payer under most circumstances.
Nontransferable
An attribute of an item or asset that cannot be legally transferred or assigned from one individual or entity to another.
Fixed Cost
Expenses that do not change with changes in the volume of production, such as rent, salaries, and insurance.
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