Historical cost

Updated: Aug 20, 2021

The original cost of an asset as opposed to its saleable value, replacement value or value in present or alternative use.

Reference: The Penguin Business Dictionary, 3rd edt.

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James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.