Share this entry

Share this page

net book value

Syllabification: net book val·ue

Definition of net book value in English:

noun

Finance
The value of an asset as recorded in the accounts of its owner.
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.

Share this entry

Share this page

 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Get more from Oxford Dictionaries

Subscribe to remove ads and access premium resources

Word of the day resilient
Pronunciation: rəˈzilyənt
adjective
able to recoil or spring back into shape…