Meaning of “book profit” in the English Dictionary

business-english dictionary

"book profit" in Business English

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book profitnoun [ C or U ]

uk us also book gain ACCOUNTING

profit that has been made but that has not yet been taken, for example when shares have risen in value since they were bought but have not yet been sold:

If the land was revalued and stated in the balance sheet at its current market price, this would result in the company making a book profit.

(Definition of “book profit” from the Cambridge Business English Dictionary © Cambridge University Press)