CURRENT COST Definition

Bookmark and Share

CURRENT COST is the cost which would be incurred for replacement of an asset.

Learn new Accounting Terms

MSCC is Material Supply Chain Cost.

CLAIMS OUTSTANDING, in general, is the difference between claims against assets (liabilities) and claims settled/paid. Within the insurance industry it would be the difference between insurance claims filed and claims settled/paid.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.