book value

Definitions of "book value"
  1. 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
  2. It is a measure of an asset's value, attained by deducting its accumulated depreciation from the initial cost
  3. It refers to the monetary worth of a company's capital stock, determined by subtracting depreciation and any debts from its initial cost
How to use "book value" in a sentence
  1. The company's assets had a high book value, but their market value was significantly less due to the market conditions.
  2. Depreciation over time affects the book value of a property or asset.
  3. The book value of the corporation's capital stocks dropped significantly due to an increase in liabilities.

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