Definition of
original cost
Accounting
total cost of asset the total cost of acquiring an asset ...
original cost of an asset plus capital improvements, from which any taxable gains (or losses) are determined, after deducting depreciation expenses.
Original cost of the stock on the date of purchase or transaction.
broker
- ...
The original cost incurred to acquire an asset (as opposed to replacement cost, current cost, or cost adjusted by a general price index).
The original cost to acquire an asset, with no adjustment for any subsequent changes in value. Generally, subsequent increases in the value of the asset are not recognized unless there is a transaction.
The original cost required to perform a service or purchase an asset.
Income
Net earnings after all expenses for an accounting period are subtracted from all
revenues recognized during that period.
C = the original cost of the automobile including taxes
D = the number of days the automobile was available in the year while the automobile was owned by the employer / 30
(Note that the result obtained must be rounded to the nearest whole number.) ...
The truck's original cost of $60,000 is sunk and irrelevant. The degree to which it is depreciated is equally irrelevant. The financial statement 'gain' that would be reported on a sale is irrelevant.
Finance: original cost of an Asset, less accumulated Depreciation, that goes into the calculation of a gain or loss for tax purposes.
Basis: The original cost and any additional outlays represent the cost basis in equity investments or property.
Book cost
Original cost of the stock on the date of purchase or transaction.
Books closed date
See record date ...
Book Value = Original Cost - Accumulated Depreciation
Book value at the end of year becomes book value at the beginning of next year. The asset is depreciated until the book value equals scrap value.
Book cost
The original cost of an investment generally used to compare against the current market value.
Top
C ...
Paper gain (loss) Unrealized capital gain (loss) on securities held in a portfolio based on a comparison of current market price to original cost. Par Equal to the nominal or face value of a security.
Tax basis In the context of finance, the original cost of an asset less depreciation that is used to determine gains or losses for tax purposes.
In the context of investments, the price of a stock or bond plus the broker's commission.
[Harvey] adjusted basis The original cost of a property plus the value of any capital expenditures for improvements to the property, minus any depreciation taken.
Accumulated depreciation: that part of the original cost of a fixed asset which has been regarded as a depreciation expense in successive Profit and Loss (P&L) Accounts: cost less accumulated depreciation = net book value.
net book value The net value of an asset, equal to its original cost (its book value) minus... net capital The net worth of a firm, minus deductions taken for any assets that might not...
For shares, it is the original cost of the share shown on the certificate.
This is the original cost plus out-of-pocket expense that must be reported to the Internal Revenue Service when an investment is sold. It is used in calculating capital gains or losses.
Bearer bond.
For accountants, it gives a proper match of the cost of using the asset to the current revenues by periodic allocation of the original cost to expenses over the life of the asset. Historic cost depreciation is based on the original cost.
The original cost of assets, less their accumulated depreciation. Often called fixed assets. Accounting does not normally use market prices, either selling prices or replacement costs, for fixed assets.
The original cost of the car in 1996 was $13,000. The car had been driven 75,000 miles, 60,000 of which were attributable to business usage. Edwards used the standard mileage rate to claim car deductions, which includes a depreciation component.
The Straight-line method takes a depreciation value of the asset at the end of its life and subtracts it from its original cost. This result is then divided by management's estimate of the number of useful years of the asset.
For landscape renovations, payback values can range between 25% and 75% of the original cost. Let's say that you spend $2,000 on a renovation that carries a 60% payback value.
The accountant depreciates an asset to account for its original cost. The stock analyst in contrast considers the original cost of an asset to be irrelevant and instead is interested in the future capital spending that will required to replace ...
Straight line depreciation - the original cost of the asset is written off in equal amounts over the estimated useful life.
Example: machinery with an estimated useful life of 5 years, original cost $50,000.
Historical cost is a generally accepted accounting principle requiring all financial statement items be based upon original cost. Historical cost means what it cost the company for the item. It is not fair market value.
ADJUSTED BASIS - The original cost basis of a property reduced by certain deductions and increased by c...
ADJUSTED BETA - An estimate of a security's future beta that involves modifying the security's historic...
Book Value The depreciated value of a company's assets (original cost less accumulated depreciation) less the outstanding liabilities. A company's book value is its total assets minus intangible assets and liabilities, such as debt.
The book value of fixed assets is original cost less accumulated depreciation.
Book value per share
This is the total shareholders' equity (as stated on the balance sheet), divided by the total number of common shares outstanding ...
Adjusted Basis
The original cost of a property that reflects any deductions taken on or improvements to the asset or security, used to compute the gain or loss when sold.
Rather than do this as one lump sum in a single accounting year, a proportion of the original cost of the machinery is written down over a number of years, until it's accounting value is no more than scrap value.
Original Cost
Original Equipment Manufacturer - OEM
Original face value
Original Issue Discount - OID
Original Issue Discount Bond
Original issue discount debt
Original Issue Discount securities
Original margin
Original maturity
Origination ...
The nominal value or dollar value of a security stated by the issuer. For stocks, it is the original cost of the stock shown on the certificate. For bonds, it is the amount paid to the holder at maturity (generally $1,000).
Investeens explains: In the above example, the total amount of depreciation to be recorded over the five-year useful life is the original cost (ie: cost basis) minus the salvage value: $22,000 - $2,000, or $20,000.
Fixed assets are retained in the business for long periods and a portion of their original cost will be written off annually against profits for amortization to reflect their diminishing value over time.
depreciation expense: A fraction of the original cost of a fixed asset that is recorded as an expense for using the asset in a period.
The direct costs incurred by a land developer in the development of real estate (including the original cost of the land, direct materials and direct labor) should be capitalized according to IRC Section 263(a) and 263A.
Unadjusted Basis - A basis used for depreciation purposes. Unadjusted basis uses the original cost of property or equipment without regard to salvage value.
Share prices and investment returns fluctuate and an investment may be worth more or less than its original cost when redeemed. In addition, periodic investment plans do not ensure a profit, nor do they protect against loss in declining markets.
Keep in mind that you should add reinvested income dividends and capital gain distributions (from both taxable and tax-free funds) to your original cost basis when it comes time to figure gains or losses on shares sold.
Lower Cost or Market: LCM. A method of valuing assets at the lower of its original cost or current market value.
A mutual fund earns capital gains in the same way that an individual investor would, by selling a security for more than the original cost. These realized profits are then paid out to the funds' investors through capital gains distributions.
For mutual funds, the ability to cash in all or part of a fund's shares on any business day and receive their current value (which may be more or less than their original cost).
Historical cost accounting - The accounting practice requiring all financial items reported in the firm's financial statement to be recorded at the original cost.
capital gains also applies to money you made when you sold other investments, such as real estate, precious metals or collectibles. Capital gains is the net profit - in other words, the total sale price minus any costs, including the original cost of ...
Because the goods are all previously owned, they know they're getting a good deal on some decent gear. Consignment shops in upscale locations have been known to carry designer wear at a fraction of its original cost.
It focuses on cash flows, so depreciation charges must be added back to net income, similar to the calculation of cash flows from operations. In the text example, if the investment has an original cost of $130,000 and generates cash savings of $26, ...
Tax base The assessed value of the taxable property, assets, and income within a specific geographic area. Tax basis In the context of finance, the original cost of an asset less depreciation that is used to determine gains or losses for tax ...
cost basis The original cost of an investment. For tax purposes, the cost basis is subtracted from the sales price to determine any capital gain or loss.
 See also: Expense, Banks, Values, Expected return, Capital structure
  
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