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Book value
Meaning
Noun
●
In Finance:
The value of an
asset
as
reflected on
an entity's
accounting
books
, without
accounting for
appreciation
or depreciation.
●
The price for which an
item
or service should be
bought
or
sold
, usually as related in a
printed
collection
of
prices
for
similar
item
s or services.
Sourced from
Wiktionary
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