Cost

1.

Accounting.

The expenses payable to produce the firm’s sales.

2.

Accounting.

In relation to fixed assets, the original cost of acquisition.

The net book value of fixed assets, in simple terms, is the difference between cost and accumulated depreciation.

3.

To estimate the price of something.

4.

More generally, the amount paid to acquire or buy something.

See also

• Cost of capital
• Cost of sales
• Depreciation
• Fixed assets
• Impairment
• Inventory
• Net book value
• Net realisable value
• Opportunity cost
• Price