There Ain't No Such Thing As A Free Lunch - TANSTAAFL

There Ain't No Such Thing As A Free Lunch - TANSTAAFL
An acronym that attempts to describe the cost of decision making and consumption. "There ain't no such thing as a free lunch" (TANSTAAFL) expresses the idea that even if something seems like it is free, there is always a cost, no matter how indirect or hidden.

In finance, TANSTAAFL refers to the opportunity cost paid to make a decision. The decision to consume one product usually comes with the trade-off of giving up the consumption of something else.

Also known as "there is no such thing as a free lunch" (TINSTAAFL).

This phrase is thought to have originated because many saloons in the U.S. used to provide free lunches to their patrons, but required them to purchase drinks in order to get them.

Although the phrase is a double negative, it is not intended to be interpreted as such. Therefore, the alternate acronym TINSTAAFL is often used.


Investment dictionary. . 2012.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • There Ain't No Such Thing As A Free Lunch — TANSTAAFL ist eine Abkürzung für die Englische Redewendung „There Ain’t No Such Thing As A Free Lunch“, die durch den Science Fiction Autor Robert A. Heinlein in seinem Roman The Moon Is a Harsh Mistress von 1966 populär gemacht wurde. [1][2] Der …   Deutsch Wikipedia

  • There ain't no such thing as a free lunch — This article is about the saying. For the computing principle, see No free lunch in search and optimization. For the group, see No Free Lunch (organization). There ain t no such thing as a free lunch (alternatively, There s no such thing as a… …   Wikipedia

  • There Is No Such Thing As A Free Lunch — TANSTAAFL ist eine Abkürzung für die Englische Redewendung „There Ain’t No Such Thing As A Free Lunch“, die durch den Science Fiction Autor Robert A. Heinlein in seinem Roman The Moon Is a Harsh Mistress von 1966 populär gemacht wurde. [1][2] Der …   Deutsch Wikipedia

  • there’s no such thing as a free lunch — Originally a colloquial axiom in US economics, though now in general use. The proverb implies that you cannot get something for nothing. 1967 R. A. HEINLEIN Moon is Harsh Mistress xi. ‘Oh, “tanstaafl.” Means “There ain’t no such thing as a free… …   Proverbs new dictionary

  • Free lunch — The phrase free lunch, in U. S. literature from about 1870 to 1920, refers to a tradition once common in saloons in many places in the United States. These establishments included a free lunch, varying from rudimentary to quite elaborate, with… …   Wikipedia

  • No-Free-Lunch-Theoreme — Dieser Artikel oder Abschnitt bedarf einer Überarbeitung. Näheres ist auf der Diskussionsseite angegeben. Hilf mit, ihn zu verbessern, und entferne anschließend diese Markierung. Die No free Lunch Theoreme oder auch Nichts ist umsonst Theoreme… …   Deutsch Wikipedia

  • No-free-Lunch-Theorem — Dieser Artikel oder Abschnitt bedarf einer Überarbeitung. Näheres ist auf der Diskussionsseite angegeben. Hilf mit, ihn zu verbessern, und entferne anschließend diese Markierung. Die No free Lunch Theoreme oder auch Nichts ist umsonst Theoreme… …   Deutsch Wikipedia

  • TANSTAAFL — is an acronym for the adage There Ain t No Such Thing As A Free Lunch, popularized by science fiction writer Robert A. Heinlein in his 1966 novel The Moon Is a Harsh Mistress ,Safire, William On Language; Words Left Out in the Cold New York Times …   Wikipedia

  • TANSTAAFL — ist eine Abkürzung für die englische Redewendung „there ain’t no such thing as a free lunch“, die durch den Science Fiction Autor Robert A. Heinlein in seinem Roman The Moon Is a Harsh Mistress von 1966 populär gemacht wurde.[1][2] Der Roman… …   Deutsch Wikipedia

  • TANSTAAFL — There Ain t No Such Thing As A Free Lunch (Business » General) There Ain t No Such Thing As A Free Lunch (Internet » Chat) …   Abbreviations dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”