A sunk cost is money, time, or effort that has already been spent and cannot be recovered. A sunk cost expense refers to the loss of time, money, or effort, which you can't get back. If you let ...

Indeed, one of the most difficult behavioral biases to overcome when investing is the sunk cost trap. Here's what you need to know. First of all, you need to know the definition of a sunk cost.

The NFL has plenty of tools used to defray the cost of players' salary cap hits. But those actions can also leave the team ...