Encyclopedia > Historical cost

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Historical cost

The term historical cost describes the original cost of an asset at the time of purchase or payment as opposed to its saleable value, replacement value or value in present or alternative use.



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Brazil

... about over the summer of 1998, and the country posted moderate GDP growth. Economic growth slowed considerably in 2001 - to less than 2% - because of a slowdow ...

 
 
 
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