historical cost

English

Noun

historical cost (plural historical costs)

(accounting) The original nominal monetary value of an economic item; the value at which an item was acquired by a company and was entered in its books.
Synonym: acquisition cost

Coordinate term: fair value

Translations

Translations

Finnish: alkuperäinen hankintameno
French: coût historique m, coût d’acquisition m, valeur d’acquisition f

Further reading

“historical cost”, in Cambridge English Dictionary, Cambridge, Cambridgeshire: Cambridge University Press, 1999–present.
“historical cost” in Longman Dictionary of Contemporary English, Longman.
“historical cost”, in Merriam-Webster Online Dictionary, Springfield, Mass.: Merriam-Webster, 1996–present.

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