Net book value

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

• Amortisation
• Book
• Book value
• Cost
• Depreciation
• Fixed assets
• Impairment
• Net realisable value
• Provision
• Residual value
• Revaluation
• Useful economic life