Focus on the pronunciation of net book value
English definition of “net book value”
net book value
noun [S or U] (abbreviation NBV) ACCOUNTING
› the value of an asset calculated by subtracting depreciation (= reduction in its value) from its cost: The company said the net book value of assets at the date of completion is approximately €800m.
› the value of a company, calculated by subtracting depreciation (= reduction in its value) from the difference between the value of its total assets and total debt: The company has an estimated net book value of about 88 million.