book value
(book-val-ue)
3 syllables
Definition
noun. 1 the value at which an asset is carried on a balance sheet; equals cost minus accumulated depreciation; 2 total assets minus all liabilities; net worth
Example Sentence
The book value of herused car was only a few thousand dollars.
Synonyms
cost minus depreciation; assets minus liabilities; net worth
Antonyms
original cost
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book value
