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book value

The correct spelling is book value.

How to pronounce book value

noun

Say it like: Boo-k v-alue

The correct spelling is book value. The value of an asset as reflected on an entity's accounting books, without accounting for appreciation or depreciation.

Usage Examples

No usage examples in context are available for this word.

Definition

noun

  1. 1.The value of an asset as reflected on an entity's accounting books, without accounting for appreciation or depreciation.
  2. 2.The price for which an item or service should be bought or sold, usually as related in a printed collection of prices for similar items or services.

Similar words

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