BOOK VALUE (BV)
\bˈʊk vˈaljuː bˌiːvˈiː], \bˈʊk vˈaljuː bˌiːvˈiː], \b_ˈʊ_k v_ˈa_l_j_uː__ b_ˌiː_v_ˈiː]\
Sort: Oldest first
-
1.the recorded value of an asset on a balance sheet. The depreciation is taken from purchase price. It rarely shows true value since the GAAP won't let changes in market value. 2 the amount a shareholder would get if the the assets were sold. The value
By Henry Campbell Black