scrap value

Residual Value

In accounting, an estimate of the value of an asset at the end of its depreciation. For example, a firm's computer depreciates each year. When it breaks down or becomes obsolete, it has a residual value; it is calculated by the best guess of the net cash inflow when it is sold at the end of its life. It will never be above the blue book value.

In price regulated industries, the residual value may be a negative value because it includes the net cash outflow in removing the asset from where it was used. For example, nuclear energy plants must store the nuclear waste at the end of their useful life. This cost is a contributing factor in the residual value. It is also called the salvage value or scrap value. See also: Absolute Physical Life, Obsolescence.

scrap value

scrap value

see RESIDUAL VALUE.
References in periodicals archive ?
Contract awarded for Scrap the following equipment- 31 Desktop Computers - 38 Notebooks - 20 Printers - 1 Perfection 1200U Scanner - 19 Cameras/Camcorders - 2 Plasma Screens - 4 OHP, 1 Projector - 2 Photocopiers - Others (Monitors, DVD writer, Harddisk, Laminator, RFID Reader, 19" Rack, Speakers) Onsite evaluation required and specify the scrap value (To be paid to NIE by awarded vendor)
And for scrap people, there's the overlap of having to know not only what the value of the intrinsics are for nickel, chrome and moly--all nonferrous--but one also has to know the value of iron in order to figure the scrap value.
Tenders are invited for Rewinding of Submersible Motor Pumps including supply of finolex Marked rewinding wire GM Motor Bush Rotor Sleeve C I Woul Wooden Sticks and G M Neckring Rotor Grinding Polishing and Balancing including cost of other Misc items and Labour after deduction of scrap value of material.
The government move comes as more vehicles are abandoned as their scrap value falls, prompting arson and vandalism which ruins the countryside.
Tenders are invited for Rewinding of Submersible Motor Pumps including supply of finolex Marked rewinding wire GM Motor Bush Rotor Sleeve C I Woul Wooden Sticks and G M Neckring Rotor Griding Polishing and Balancing including cost of other Misc items and Labour after deduction of scrap value of material
This will require the removal of an existing structure from which the Council wishes to realise the scrap value.
That authority revealed at the time that the scrap value is only just over PS1 - which means that the Redcar thieves might only have made as little as PS15.
Mr Roberts claims he told the firm he wanted to use the slide, which was previously condemned and deemed unfit for use by Denbighshire council, rather than buy it for its scrap value.
Offshore drilling services provider Ensco has announced its decision to sell several of its rigs for scrap value.
They will be of little use to the villains and their scrap value could be as low as PS20 - but surely any scrap dealer would immediately smell a rat if they were offered them.