historical cost

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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.
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MoneySavingExpert has a crackingDiscount Finder toolto help you find the biggest discounts on the site, while theCamelCamelCamelsite allows you to track historic prices for specific items, so you can see if today's price really is as attractive as it may appear.
Everton's shares are only occasionally traded in a bilateral marketplace through Liverpool stockbroking firm Blankstone Sington, which reports historic prices for Everton share trades on their website, but does not quote offer and bid prices to buy and sell shares.
Historic prices and trends are sufficient to produce such a petrol band of prices, whether based on five, 10, 15, 20 or even 25 years of historic data.
A great online feature is the "View Historic Prices" option, which charts values over the years.
Jeff Clark, senior editor of Casey Research, puts the current high price into context by looking at historic prices. "Gold rose from $35 in 1970 to pounds 850 in 1980 - a factor of 24.28.
He asserted that the era of cheap oil was over, adding that current oil prices were unrealistic when compared with historic prices and a higher oil price was needed to guarantee investment in new capacity "which is one of the solutions for supply security".
We accomplished these goals while prudently managing our natural gas processing business by hedging approximately 75% of our equity NGL production at NGL prices that were significantly lower than the historic prices that were experienced during most of 2008.'
If Andrew "Freddie" Flintoff (left) and Co finish the job at The Oval the historic series could lead to historic prices for related memorabilia.
With oil reaching historic prices why should natural gas prices not follow the leader?
posted a 15 percent increase in revenues for 1999 and set a record for revenue growth in the first quarter of 2000, the Van Buren truckload hauler also was swept up in an industry that changed drivers like oil filters and rang up historic prices at the nation's diesel pumps.
MarketEdge's company information section also contains industry reports, historic prices, and a screening service.

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