ABSTRACT
According to Littleton’s translation of Jacques Savary’s “Le Parfait Négociant, the book recommends, puzzlingly, that if inventory has not decreased in price it should be recorded “at the current price” (au prix courant). Littleton’s translation is from the sixth edition of 1712. Reference to earlier editions, including the first edition of 1675, suggests that au prix courant is a misprint for au prix coustant, au prix coûtant (at the cost price).
