- It refers to the worth of an item or property as recorded in financial or accounting records, which might differ from its current market price
- It is a measure of an asset's value, attained by deducting its accumulated depreciation from the initial cost
- It refers to the monetary worth of a company's capital stock, determined by subtracting depreciation and any debts from its initial cost
- The company's assets had a high book value, but their market value was significantly less due to the market conditions.
- Depreciation over time affects the book value of a property or asset.
- The book value of the corporation's capital stocks dropped significantly due to an increase in liabilities.