Home > Terms > English, UK (UE) > Cost of property
Cost of property
The cost of property is the sum of the price paid by the seller for the property plus all costs and expenses that can be reasonably attributed to the property under generally accepted accounting principles. However, in the case of oil and gas programs, the cost of drilling wells that are not commercial producers cannot be attributed to the property.
This is auto-generated content. You can help to improve it.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Real estate investment
- Company:
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
Industry/Domain: Pharmaceutical Category: Drugs
Nootropic
A category of drugs that enhance mental functions, giving them the nickname of 'smart drugs'. Most of them are legal and have mild success in ...
Contributor
Featured blossaries
Browers Terms By Category
- Automobile(10466)
- Motorcycles(899)
- Automotive paint(373)
- Tires(268)
- Vehicle equipment(180)
- Auto parts(166)
Automotive(12576) Terms
- Social media(480)
- Internet(195)
- Search engines(29)
- Online games(22)
- Ecommerce(21)
- SEO(8)
Online services(770) Terms
- American culture(1308)
- Popular culture(211)
- General culture(150)
- People(80)
Culture(1749) Terms
- Journalism(537)
- Newspaper(79)
- Investigative journalism(44)