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 net realizable value.

(Definition of “net realizable value” from the Cambridge Business English Dictionary © Cambridge University Press)