Encyclopedia > Historical cost

Article Content

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.

All Wikipedia text is available under the terms of the GNU Free Documentation License

Search Encyclopedia

Search over one million articles, find something about almost anything!

Featured Article

Sanskrit language

... time, as Sanskrit made the transition from a first language to a second language of religion and learning, the Classical period began. The intense study of the structure ...