original cost
noun
2
in public utility practice
: the cost of a property to that owner who first devoted it to public service
3
in real estate practice
: the cost of a property to a present owner regardless of cost to a prior owner
Dictionary Entries Near original cost
Cite this Entry
“Original cost.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/original%20cost. Accessed 23 Nov. 2024.
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