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cRYPTO Glossary
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Acquisition Cost
Acquisition cost is typically the total expense incurred to acquire a company's property, equipment, or other assets, adjusted for incentives, discounts, closing costs, and other necessary expenditures, but excluding sales taxes.
Explanation of Specific Terms:
- Total cost: The entire amount spent to acquire the assets or property.
- Property, equipment, or other assets: Items purchased as part of the acquisition.
- Adjusted for incentives, discounts, closing costs: Any reductions or expenses that affect the overall purchase price.
- Excludes sales taxes: Taxes applied to the sale of goods or services, not included in the acquisition cost.
Key Points for Beginners:
- Why it's important: Understanding the acquisition cost helps assess the financial impact of acquiring assets or companies, influencing investment decisions and financial reporting.
- How it works: Calculated by summing up all direct expenses related to the acquisition, such as purchase price adjustments, legal fees, and due diligence costs, before adding applicable taxes.
Valdis Zhvaginsh
Crypto Enthusiast, CWT Editor
Hello, I'm Valdis
When I began exploring cryptocurrencies, I had many questions. Over time, I've gathered some of the best resources that helped me, and I believe they can be useful to you as well.
I hope these resources assist you in starting your journey into the world of cryptocurrencies and provide useful tools for everyday tasks.
If you have any suggestions or corrections, please contact me
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