单词 | current cost |
释义 | current cost current cost noun [C]
(Accounting ) the present value of sth, calculated by increasing its original cost to include a sum for inflation (= a general rise in the price of goods and services), or by considering the cost of buying or producing the same item today: The accounts are modified to maintain the current costs of assets. ⇨ HISTORICAL COST, REPLACEMENT COST |
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