From Wikipedia, the free encyclopedia.
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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Wikipedia: Historical cost |
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Historical cost From Wikipedia, the free encyclopedia. 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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