book value
worth according to a standard price list
Book value
In
accounting, book value or carrying value is the value of an asset or liability according to its
balance sheet account balance. Book value is the value carried on the
bookkeeping records of an
economic entity such as an individual, corporation, government, or other organization. Depending on the circumstances, assets and liabilities may be valued on a balance sheet at actual value (
cash and cash equivalents), acquisition cost, depreciated value, amortized value, depleted value, or market value.
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book value
Noun
1. the value at which an asset is carried on a balance sheet; equals cost minus accumulated depreciation
(hypernym) value
(hyponym) capital stock
Book value
Book value
a company's common stock equity as it appears on a balance sheet, equal to total assets minus liabilities, preferred stock, and intangible assets such as goodwill. Also, the value of an asset as it appears on a balance sheet, equal to cost minus accumulated depreciation. Book value often differs substantially from market value; a company will have many assets which do not appear in the balance sheet, eg., patents, also reputation, management ability, available technology etc. Unrecorded liabilities include law suits, inferior managment.
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