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historic cost

   Also found in: Wikipedia 0.01 sec.
Historical Cost
In the Generally Accepted Accounting Principles, the original cost of an asset on a balance sheet. Many assets, particularly illiquid assets, are recorded on a balance sheet according to their historical cost. A notable exception to this rule is the recording of marketable securities, which are recorded according to their market value. The historical cost usually bears little or no relationship to the market value after an asset has been held for several years.

historic cost

The cost of a structure when it was first built.Contrast with original cost,which is the price paid by the current owner.



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In The Use of Federal Innovative Finance Techniques in Public-Private Partnerships: The Case of the Capital Beltway, Marty Luby notes that innovative finance tools such as tax-exempt private activity bonds and loans from the federal Department of Transportation may reduce the public sector's historic cost of capital advantage.
The agency has demonstrated executive-level commitment to addressing systemic factors that have contributed to historic cost overruns and schedule delays.
I don't know if anyone has done any research on this, but it would be quite interesting to know how much of the FTSE 350 no longer reflects historic cost.
 
 
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