Definition of net book value in English:

net book value

Syllabification: net book val·ue

noun

Finance
  • The value of an asset as recorded in the accounts of its owner.
    More example sentences
    • The stg £201 million price tag equates to around 2.25 times the net book value of the assets when they were valued at stg £90 million at the end of March.
    • The information includes capital expenditure, net book values, and depreciation.
    • These assets are recorded in the balance sheet at net book values of £150,000 and £40,000 respectively.

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Word of the day coloratura
Pronunciation: ˌkɒlərəˈtjʊərə
noun
elaborate ornamentation of a vocal melody