book value

book value

noun

Definition of BOOK VALUE

: the value of something as shown on bookkeeping records as distinguished from market value: a : the value of an asset equal to cost minus depreciation b : the value of a corporation's stock equal to its book value minus its liabilities

Examples of BOOK VALUE

1. I paid $4,100 for the car four years ago, but its book value is now under $500.

First Known Use of BOOK VALUE

1899

Rhymes with BOOK VALUE

disvalue, face value, par value, place value