Original cost
Term · Energy · MLC-T-ENE-001570
The initial amount of money spent to acquire an asset. It is equal to the price paid, or present value of the liability incurred, or fair value of stock issued, plus normal incidental costs necessary to put the asset into its initial use.
| Identifier | MLC-T-ENE-001570 |
|---|---|
| Field | Energy |
| References | EIA Glossary |
Record as JSON
{
"id": "MLC-T-ENE-001570",
"term": "Original cost",
"field": "Energy",
"definition": "The initial amount of money spent to acquire an asset. It is equal to the price paid, or present value of the liability incurred, or fair value of stock issued, plus normal incidental costs necessary to put the asset into its initial use.",
"references": [
"EIA Glossary"
],
"url": "https://mlchart.com/terminology/energy/original-cost/"
}
Record 1,570 of 2,515 in Energy terminology (MLC-0117). Request the full dataset.