Ostuhindadel

Ostuhindadel is an Estonian term meaning "at purchase prices." In accounting, finance, and business communication, it is used to describe the value or price of goods, inventories, or assets based on the amount paid to acquire them, rather than on current market prices or resale values. The phrase often aligns with the concept of historical cost, a common basis for asset valuation in many accounting frameworks.

Usage and context

The expression appears in financial statements, cost accounting, and tax documentation to indicate that values are anchored to the original purchase cost. It can appear in inventories, fixed assets notes, and price lists where the stated values reflect the cost to acquire rather than replacements or market values. The precise meaning can vary with the applicable accounting standards (for example, local GAAP or international standards) and contractual terms.

Etymology and form

Ostuhindadel is formed from ostuhind (purchase price) plus the Estonian suffix -del, which marks the adessive case in its plural form and conveys the sense of "at the purchase prices." The phrase is primarily used in Estonian-language contexts and may be translated as "at purchase prices" or "based on cost price" in other languages.

Relation to broader concepts

Ostuhindadel is closely related to the historical cost principle, which prioritizes original acquisition cost in asset valuation. It contrasts with methods that value assets at current market prices, fair value, or replacement cost. The choice between ostuhindadel and other valuation bases affects reported profitability, depreciation, and tax implications.