current-cost accounting
current-cost accounting
n
(Accounting & Book-keeping) a method of accounting that values assets at their current replacement cost rather than their original cost. Compare historical-cost accounting
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014