Is there a term for this financial mistake?

Education & Reference by Anonymous 2018-05-25 23:12:37

Social Science

6 answers

Is there a term to describe something that you invested money into, didn t work out, but still kept using it because it would be a waste of money if you didn t use it?

Anonymous

One expression is "putting good money after bad", meaning a refusal to recognize a bad investment and continuing to add to it despite knowing money will be lost.
Anonymous

Paying good money after bad.
Anonymous

Fraud
Anonymous

Sunk Cost?
Anonymous

Possibly not
Anonymous

probably