Historical-cost accounting
noun
1.
a method of accounting that values assets at the original cost. In times of high inflation profits can be overstated Compare current-cost accounting
Read Also:
- Historical-linguistics
noun, (used with a singular verb) 1. the study of changes in a language or group of languages over a period of time. noun 1. (functioning as sing) the study of language as it changes in the course of time, with a view either to discovering general principles of linguistic change or to establishing the […]
- Historical-geology
noun 1. the branch of geology dealing with the history of the earth. noun 1. the branch of geology concerned with the evolution of the earth and its life forms from its origins to the present
- Historically
[hi-stawr-i-kuh l, -stor-] /hɪˈstɔr ɪ kəl, -ˈstɒr-/ adjective 1. of, pertaining to, treating, or characteristic of or past events: historical records; historical research. 2. based on or reconstructed from an event, custom, style, etc., in the past: a historical reenactment of the battle of Gettysburg. 3. having once existed or lived in the real world, […]
- Historical-materialism
noun 1. (in Marxist theory) the doctrine that all forms of social thought, as art or philosophy, and institutions, as the family or the state, develop as a superstructure founded on an economic base; that they reflect the character of economic relations and are altered or modified as a result of class struggles; that each […]
- Historical-method
noun 1. the process of establishing general facts and principles through attention to chronology and to the evolution or historical course of what is being studied. noun 1. a means of learning about something by considering its origins and development