original cost

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.

单词	original cost
释义	original cost 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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