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Net Book Value

   Also found in: Legal, Acronyms, Wikipedia 0.02 sec.
Net book value
The current book value of an asset or liability; that is, its original book value net of any accounting adjustments such as depreciation.

Net Book Value
In accounting, an asset's original price minus depreciation and amortization. For example, if a company bought piece of technological equipment for $100,000 with an absolute physical life of ten years and a patent lasting 20 years, one would account the net book value as the original price and subtract $10,000 per year (for depreciation due to reduced physical life) and $5,000 per year (for amortization).

In accounting a company, the net book value is the value of the company's assets minus the value of its liabilities and intangible assets. Put another way, the book value is the shareholders' equity, or how much the company would be worth if it paid of all of its debts and liquidated immediately. It is also known as the written-down value.


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Your task is to calculate the net book value at the date of the Statement of Affairs by starting with the year of acquisition and applying the depreciation policy to obtain the net book value at the end of that year.
The proceeds represented USEUR2m in excess of net book value.
The reporting option that is built into most asset tracking solutions provides pre-built reports, including: assets by category and department, check-in/check-out, net book value of assets, assets past due, audit history, and transactions.
 
 
 
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