Usually means: Original purchase price of asset.
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We found 13 dictionaries that define the word historical cost:

General (4 matching dictionaries)
  1. historical cost: Merriam-Webster
  2. historical cost: Dictionary.com
  3. Historical cost: Wikipedia, the Free Encyclopedia
  4. historical cost: Wiktionary

Business (9 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. INVESTORWORDS (No longer online)
  3. HISTORICAL COST: Accounting Glossary
  4. Historical cost: Bloomberg Financial Glossary
  5. Historical cost: Moneyterms
  6. Historical Cost: Investopedia
  7. Historical Cost: Financial dictionary
  8. Accounting, Business Studies and Economics Dictionary (No longer online)
  9. BusinessDictionary.com (No longer online)

Definitions from Wiktionary (historical cost)

noun:  (accounting) The original nominal monetary value of an economic item; the value at which an item was acquired by a company and was entered in its books.

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