BOOKVALUE
Book value
In accounting, book value or carrying value is the value of an asset according to its balance sheet account balance. For assets, the value is based on the original cost of the asset less any depreciation, amortization or impairment costs made against the asset. Traditionally, a company's book value is its total assets minus intangible assets and liabilities. However, in practice, depending on the source of the calculation, book value may variably include goodwill, intangible assets, or both. When intangible assets and goodwill are explicitly excluded, the metric is often specified to be "tangible book value".The above text is a snippet from Wikipedia: Book value
and as such is available under the Creative Commons Attribution/Share-Alike License.
book value
Noun
- The value of an asset as reflected on an entity's accounting books, without accounting for appreciation or depreciation.
- 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.
The above text is a snippet from Wiktionary: book value
and as such is available under the Creative Commons Attribution/Share-Alike License.