net realizable value Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “net realizable value” in the English Dictionary

"net realizable value" in Business English

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net realizable valuenoun [C or U]

( UK also net realisable value) uk   us   ( abbreviation NRV) ACCOUNTING, FINANCE
the ​value of an ​asset if it were ​sold, after all the ​costs of ​selling it have been ​paid: The ​company said it ​wrote the film's ​cost down to its ​netrealizablevalue.
(Definition of net realizable value from the Cambridge Business English Dictionary © Cambridge University Press)
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