original cost

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Original Cost

The total cost of a transaction after commissions, interest rates, and other expenses. For example, a student loan has a principal and interest rate, but the original cost may include an origination fee, a federal default fee, and other expenses. Physical assets also have original costs: one must buy the asset, transport it to where it needs to be, and perhaps pay start-up fees to begin to use it.

original cost

See historical cost.

original cost

The cost to the current owner. Contrast with historic cost, which is the original construction cost.

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Instead, the return identifies the type of business, property location and the original costs of personal property by category.
Most jurisdictions do not permit an asset to be depreciated below 20% - 25% of its original cost, therefore, property tax will continue to be paid annually until an asset is removed from the taxpayer's financial records and property tax return.
Managing personal property taxes
The fees and payments for new technology has been based on the original costs or charges that were submitted for payment.
Outpatient payment for therapies and home care has been based on the original cost reports, fueled by the cost-plus reimbursement strategies of Medicare and Medicaid.
Outpatient care from the payer's perspective

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