Residual value

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Revision as of 14:34, 20 August 2013 by imported>Doug Williamson (Spacing 20/8/13)
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1.

Financial reporting.

The realisable value of an asset at the end of its useful economic life for the reporting entity, based on prices prevailing at the date of acquisition or revaluation where this has taken place.


2.

More generally, the realisable value of an asset at the end of a period of use.


See also