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Thumoslang Definition

Opportunity-cost; that means, best value foregone.

Elaboration

Involved are 2 thumbnail definitions.

1. Value; that means, level of usefulness.

Defining Words

Involved are 2 defining words.

1. foregone
2. value

Lecture

It’s the value of the best alternative foregone, where a choice needs to be made between several mutually exclusive alternatives given limited resources.

• Opportunity Cost: The life I want to Live

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Source

Click here to see the original source of Thumoslang which is the 2017 book Thumos: Adulthood, Love & Collaboration.

Origin

Click here to watch the video on the origin of Thumoslang.