Difference between revisions of "Net book value"

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The net value of a fixed asset reported in financial statements.   
 
The net value of a fixed asset reported in financial statements.   

Revision as of 12:26, 18 December 2016

Accounting

(NBV).

The net value of a fixed asset reported in financial statements.

For example, its historical cost purchase price LESS the accumulated provision for depreciation.


See also