HISTORICAL COST
\hɪstˈɒɹɪkə͡l kˈɒst], \hɪstˈɒɹɪkəl kˈɒst], \h_ɪ_s_t_ˈɒ_ɹ_ɪ_k_əl k_ˈɒ_s_t]\
Sort: Oldest first
-
1. the original cost of an asset that a firm records on the books. It can be changed in the UK and Netherlands. Germany and the US forbids this. 2. money spent to keep up operations in a firm. Inflation is not taken into account as well as replacement cos
By Henry Campbell Black
Word of the day
Health Personnel Attitudes
- Attitudes of personnel toward their patients, other professionals, the medical care system, etc.