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Book value
noun
Definitions
Noun
- 1 The value of an asset as reflected on an entity's accounting books, without accounting for appreciation or depreciation. countable, uncountable
- 2 the value at which an asset is carried on a balance sheet; equals cost minus accumulated depreciation wordnet
- 3 The price for which an item or service should be bought or sold, usually as related in a printed collection of prices for similar items or services. countable, uncountable
See also for "book value"
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