A value measurement base (originally from entry value) that indicates the value (price) currently paid for the purchase of an assets(s) or settlement of a liability(ies) under orderly conditions. Examples of where current entry value is more appropriate than other measures such as fair value (in itself, it is a current exit value) include the initial recognition of operating assets (which in practice generally implies historical cost).

If the assets and liabilities of an entity are measured using current entry values, then its equity will reflect the current entry value of its recognized assets minus the current entry value of its recognized liabilities.

It is also known broadly as replacement cost (or specifically, current replacement cost) or current entry cost.