Refers to the price (including the closing costs) to purchase another company or property. In the context of investments, refers to price plus brokerage commissions, of a security, or the sales charge applied to load funds
The cost to a company of selling new policies, including commissions paid to agents and brokers, clerical costs, medical and inspection fees, and, in some companies, field supervision costs
The cost to the Government of putting the property into use when the property is originally acquired It includes all transportation and installation costs It does not include maintenance costs or warranty costs
The total cost of purchasing or acquiring title to real property In addition to the sales price, additional costs could also include loan origination fees, appraisal fee, credit report fee, title charges, attorney fees and other normal closing costs
Vendor's invoice price for equipment The acquisition cost includes sales tax, less any cash/trade discounts or educational allowance It also includes the cost of any initial installation, modification, attachments, accessories, or auxiliary apparatus necessary to make it usable for the purpose for which it is acquired The acquisition cost excludes ancillary costs such as federal excise tax, duty, in-transit insurance, freight, materials, and supplies purchased with the equipment For example
The amount of money or other valuable consideration expended to obtain title to a property Includes purchase cost, plus such items as appraisal fees, closing costs, finance charges, mortgage loan origination fees and title insurance (See title)
Refers to the price (including the closing costs) to purchase another company or property In the context of investments, refers to price plus brokerage commissions, of a security, or the sales charge applied to load funds See: Tax basis
The net invoice price of property or supplies including the cost of modifications, attachments, accessories, or auxiliary apparatus necessary to make the property usable for the purpose for which it was acquired Other charges such as the cost of installation, transportation, taxes, duty or protective in-transit insurance, are included in the unit acquisition cost in accordance with the recipient's regular accounting practices It does not include costs for rental of property or alteration and rental of real property
of nonexpendable personal property acquired by purchase means the net invoice price of the property, including any attachments, accessories, or auxiliary apparatus necessary to make the property usable for the purpose for which it was acquired Ancillary charges such as taxes, duty, protective in-transit insurance, freight, or installation shall be included in or excluded from acquisition cost in accordance with the recipient's regular accounting practices
The sum required to obtain title to a piece of property This includes the selling price as well as such things as closing costs, prepaid fees, title insurance, and legal fees
= The expenses incurred by an insurer or reinsurance company that are directly related to putting the business on the books of the company The largest portion of this cost is usually the agent's or sales representative's commission or bonus
The cost to the purchaser of obtaining title to anything, including real property Acquisition cost includes the cost of the transaction of obtaining title, including legal fees and expenses, interest charges on mortgages, land transfer tax, etc
The expense undertaken to acquire new business The concept applies to both agents and companies The largest portion of an insurer's acquisition cost is agent's or sales representative's commission or bonus
The expenses incurred by an insurer or reinsurance company that are directly related to putting the business on the books of the company The largest portion of this cost is usually the agent's or sales representative's commission or bonus (G)
Costs of acquiring the property which include the purchase price plus other costs; for example, title insurance, lender's fees credit report fees, flood hazard determination, etc