Original cost

{
  "id": "MLC-T-ENV-019838",
  "term": "Original cost",
  "field": "Environment",
  "term_source": "Original Cost",
  "definition": "1. The amount paid for the initial purchase of an asset.\n\n2. 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.",
  "subject": "Water",
  "references": [
    "Check Up Program for Small Systems (CUPSS) Glossary",
    "DOE Energy Information Administration Glossary"
  ],
  "url": "https://mlchart.com/terminology/environment/original-cost/"
}