Original Cost

All of the costs directly associated with acquiring an asset and putting it into use.

Investopedia Says:
The type of costs involved vary according to the type of asset. If this is machinery, original cost might include transport to your facility. If this is a security, the original cost may include commissions or related fees.

1. in accounting, all costs associated with the acquisition of an asset.

2. in public utilities accounting, the acquisition cost incurred by the entity that first devotes a property to public use; normally, the utility company's cost for the property. It is used to establish the rate to be charged customers in order to provide the utility company with a Fair Rate of Return on capital.

Cost to the present owner. Contrast with Historic Cost.