actual value

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.

actual value

The true market value of a property if it were offered for sale at a particular time to a buyer with sufficient information about the property to make an informed decision. Contrast with book value, which is the original purchase price, plus capital expenditures, minus depreciation. Contrast also with perceived value based on fraud.

References in periodicals archive ?
Generally, insureds add the agreed value endorsement in the chance that their property value may be valued less than its actual value.
The company is offering up to at least 10 times the actual value of some eligible vehicles, which must be old diesel models.
We will probably make a deal but if we have to make a deal it is going to be for his actual value.
Sometime after the purchase, G&J "learned the actual value of the standing timber on the parcels was significantly less than represented by" the timberland management firm, according to the lawsuit.
Muscat May 11 (ONA) The Ministry of Housing issued a statement at which it said that the real estate schedule, which is circulated through the social networks, comes within the regulatory measures to specify the actual value of the real estate as per the price circulated at the market.
In a statement Ministry said that the real estate schedule, circulated through the social networks, comes within the regulatory measures to specify the actual value of the real estate as per the market prices.
The Collectorate of Customs established that PTCL in collusion with their local contractors Huawei Technologies and foreign supplier Huawei Singapore, under-declared the actual value of the imported telecommunication equipment as Rs36.
In 1995, the city's estimated actual value for real property was about $7.
BRITISH workers have seen the actual value of their earnings fall by an average of 12.
A specialist advisor from Zurich then visited each home to conduct a full room-by-room appraisal to enable a detailed comparison between the perceived and actual value of a home's contents.
01 mV amplitude on the y axis scale was drawn 100 times greater than actual value 122 Figure 3 e.
Seller says the actual value of the equipment is much greater than the asking price