By accessing this resource, you agree to the Spectrum licence.
Definition
The total price paid for an object at when the title passed between two owners, including taxes for which the transfer is liable.
How to record
Use local currency. Convert any non-local currency into local, using the exchange rate at date of acquisition. Use Object history note to record details of non-local currency paid.
Examples
750.00
Use
Record once only each time a new Owner is recorded for an object.