Library / English Dictionary |
BOOK VALUE
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
The value at which an asset is carried on a balance sheet; equals cost minus accumulated depreciation
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("book value" is a kind of...):
value (the quality (positive or negative) that renders something desirable or valuable)
Hyponyms (each of the following is a kind of "book value"):
capital stock (the book value of the outstanding shares of a corporation)