historical cost

(redirected from Historic Price)

Historical cost

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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

historical cost

The amount of money that was originally used to pay for an asset. A company records assets on a balance sheet at historical cost, which often bears little relation to the market value of the assets after they have been owned several years. Also called original cost.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Gold prices continued to register historic price hikes per tola on Gold till June 27, closing at Rs 81500 per tola.
KARACHI -- Gold prices continue to register historic price hikes per tola on Gold, today (Thursday) closing at Rs 81500 per tola, media reported.
wheat regains its historic price advantage over more distant countries, some Mexican demand may already be lost.
Diesel is critical in determining the cost of normally more-expensive jet fuel, so if that historic price relationship holds, then the aviation industry's fuel bill could surge as well.
Historic price comparison site www.pricehistory.co.uk provided our figures as they have been tracking Argos items since January 2016.
EU: Why petroleum companies did not expand their business network despite historic price relief?
TX-AUTON also offers advanced charting tools with 20+ technical indicators which help traders to gain insights into historic price data for analysis.
Global oil market experienced a historic price fall as US oil prices fell below $40 a barrel on Aug.
-- Current and historic price trends, as well as the outlook for rare earths prices
M2 EQUITYBITES-January 28, 2014-Stamps.com announces historic price discount
In their rush to exploit the liquids-rich resource, producers took note of the historic price differential of oil vs.

Full browser ?