Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

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.
(Definition of net book value noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of net book value

Word of the Day

warm-up

something that you do to prepare yourself for an activity, especially gentle exercises before a physical activity

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More