Historical cost

Definition:

Describes the accounting cost carried in the books and reflecting the cost of the item at the time it was purchased, rather than its current value.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Comissão do Mercado de Valores Mobiliários (CMVM)

Portugal's supervisory authority for the Portugese financial markets. Portugal's financial regulator.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!


Create your free portfolio