Definition of original cost
1 : historical cost 2
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
Love words? You must — there are over 200,000 words in our free online dictionary, but you are looking for one that’s only in the Merriam-Webster Unabridged Dictionary.
Join MWU now and get access to America’s largest dictionary, with:
- 300,000 words that aren't in our free dictionary
- Expanded definitions, etymologies, and usage notes
- Advanced search features
- Ad free!
Seen and Heard
What made you want to look up original cost? Please tell us where you read or heard it (including the quote, if possible).