BOOK VALUE (BV)
\bˈʊk vˈaljuː bˌiːvˈiː], \bˈʊk vˈaljuː bˌiːvˈiː], \b_ˈʊ_k v_ˈa_l_j_uː__ b_ˌiː_v_ˈiː]\
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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
Word of the day
dust storm
- a windstorm that lifts up clouds of dust or sand a windstorm that lifts up clouds dust or sand; "it was the kind of duster not experienced in years"