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Meaning of book value

 

 

 

Book value

 

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Business glossary

 

Meaning of term book value :

 

The book value is the value of assets on the balance sheet. It is the value of assets (generally fixed assets) that the firm has after any depreciation of those assets has been deducted. e.g. if the firm bought a machine for £150,000 but it has since depreciated by £30,000, the book value will be £120,000.

 

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Book value

 

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Meaning of term book value

 

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