Present market value of a product or asset, as contrasted with its Acquisition Cost.
Current Cost
| Business Dictionary: Current Cost |
| 5min Related Video: Current Cost |
| Accounting Dictionary: Current Cost |
Price of replacing an asset identical to an existing one. It should be of the same condition and age as well as have the same service potential. See also Replacement Cost.
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 | Replacement Cost (in accounting) |
| Reproduction Cost (in accounting) |
| pay ore (mining engineering) |
 | What is the current cost of a TV? Read answer... |
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| What is the current cost of postage to Canada? Read answer... |
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 | Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved. Read more |
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| Accounting Dictionary. Dictionary of Accounting Terms. Copyright © 2005 by Barron's Educational Series, Inc. All rights reserved. Read more |
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Mentioned in
- Replacement Cost (in accounting)
- Reproduction Cost (in accounting)
- pay ore (mining engineering)
- Current Cost/Constant Dollar (in accounting)
- Current Value (in accounting)
- Replacement Cost Accounting (business term)
- Inflation Accounting (in accounting)
- Historical Cost Accounting (in accounting)
- Current Dollars (business term)
- Entry Value (in accounting)
- Conversion (in accounting)
- Holding Gain, Loss (in accounting)
- Nominal Income (finance term)
- Interest Expense (in accounting)
