Current cost

Current cost

The amount of cash or cash equivalents that would have to be paid if the same or an equivalent asset was acquired currently. The undiscounted amount of cash or cash equivalents that would be required to settle an obligation currently.

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Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Financial services
Category: Accountancy
Company:
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Acronym-Abbreviation:

Collect to Blossary

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Related terms

current cost

Financial services; Accountancy

The amount of cash or cash equivalents that would have to be paid if the same or an equivalent asset was acquired currently. The undiscounted amount of cash or cash equivalents ...

current cost

Computer; Operating systems

The most recent price of a product or service.

current cost

Software; Operating systems

The most recent price of a product or service.

current cost (standard)

Software; Supply chain

The cost standard for the current product configuration and process, as opposed to the base (frozen) cost estimated at the start of the fiscal year.

current cost basis

Financial services; Funds

The existing price a security uses in determining capital gains. Cost basis is usually the purchase price, but may be an assigned value in the case of an inherited asset.

Current

Electrical equipment; Generators

Current is the flow of electric charge. Its unit of measure is the ampere.

accural accouting

Financial services; Accountancy

The attempt to record the financial effects of transactions and other events in the periods in which those transactions or events occur rather than only in the periods in which ...

cafeteria plan

Financial services; Accountancy

A benefit plan maintained by an employer for the benefit of the employees under which each participant has the opportunity to select the benefits they desire.

capital flows

Financial services; Accountancy

The movement of money for the purpose of investment, trade or business production. Capital flows occur within corporations in the form of investment capital and capital spending ...

overbought

Financial services; Accountancy

A situation in which the demand for a certain asset unjustifiably pushes the price of an underlying asset to levels that do not support the fundamentals.

Bitcoin

Financial services; Accountancy

A decentralized digital currency that enables low-cost payments without the need for central authorities and issuers. Bitcoin is a peer-to-peer (P2P) currency system created in ...

techinical correction

Financial services; Accountancy

A decrease in the market price of an asset or entire market after extensive price increases. A technical correction occurs even when there is no evidence that the increasing price ...