<p><a href="https://www.mendeley.com/catalogue/4547039e-9174-3b12-8dd4-f02348235c9f/?utm_source=desktop&amp;utm_medium=1.19.8&amp;utm_campaign=open_catalog&amp;userDocumentId=%7B862e1248-7fba-4d8e-b354-f53f31b446e2%7D" rel="nofollow noreferrer">Deloof (2003)</a> states that</p>
<blockquote>
<p>On the other hand, late payment of invoices can be very costly if the
firm is offered a discount for early payment.</p>
</blockquote>
<p>This sentence means that if the firm cannot pay back early, it will miss the discount for &quot;early payment&quot;. <strong>Is it a type of opportunity cost?</strong> If not, is there any term suitable for this type of cost?</p>

<definition><nonexpert>
Is cost for "discount for early payment" is opportunity cost?
Phil Nguyen
# Is cost for "discount for early payment" is opportunity cost?

(Asked by: username_0 on 2021-08-15)

[Deloof (2003)](https://www.mendeley.com/catalogue/4547039e-9174-3b12-8dd4-f02348235c9f/?utm_source=desktop&utm_medium=1.19.8&utm_campaign=open_catalog&userDocumentId=%7B862e1248-7fba-4d8e-b354-f53f31b446e2%7D) states that

> On the other hand, late payment of invoices can be very costly if the
> firm is offered a discount for early payment.

This sentence means that if the firm cannot pay back early, it will miss the discount for "early payment". **Is it a type of opportunity cost?** If not, is there any term suitable for this type of cost?

**Tags:** definition, nonexpert


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## 0 answers

