| 释义 |
historical cost
noun
1. : a cost computed after production from records made concurrently with various steps of production — contrasted with predetermined cost and standard cost
2. : the value at which a capital asset is recorded on the books representing the outlay of money or its equivalent given in exchange at the time of acquisition
< depreciation is based on historical cost rather than on replacement value >
3. : the original cost of a property in a public utility |