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Definitions from the WebBook ValueDefinition:Book value refers to the value of an asset as it is listed on a company's balance sheet, calculated by subtracting accumulated depreciation from the original cost. It represents the net worth of an asset based on its historical cost rather than the current market value. Usage:As a noun:1. The book value of the company's fixed assets was recorded as $1 million. 2. Investors often consider the book value of a company when analyzing its financial health. As a verb:1. The accountant book valued the company's equipment in accordance with accounting standards. 2. Ensure you accurately book value assets to reflect their true worth. As an adjective:1. The book value per share of the company's stock increased significantly. 2. The investment was sold at a price lower than its book value due to market conditions. Related Products on Amazon: | ||||
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