book value

noun

Definition of book value

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

Examples of book value in a sentence

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

1839

First Known Use of book value

1839


BOOK VALUE Defined for English Language Learners

book value

noun

Definition of book value for English Language Learners

  • finance : the amount of money that something (such as a car) is officially worth based on its age, style, condition, etc.


Law Dictionary

book value

noun

Legal Definition of book value

  1. :  the value of something as shown on bookkeeping records as distinguished from market value: as a :  the value of an asset equal to cost less depreciation b :  the value of a corporation's capital stock expressed as its original cost less depreciation and liabilities

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