net book value Meaning in the Cambridge English Dictionary

Meaning of “net book value” in the English Dictionary

"net book value" in Business English

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net book valuenoun [S or U]

uk   us   ( abbreviation NBV) ACCOUNTING
the ​value of an ​assetcalculated by ​subtracting depreciation (= ​reduction in its ​value) from its ​cost: The ​company said the ​netbookvalue 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 ​totalassets and ​totaldebt: The ​company has an ​estimatednetbookvalue of about 88 million.
(Definition of net book value from the Cambridge Business English Dictionary © Cambridge University Press)
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“net book value” in Business English

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