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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.


seriously defective or damaged components or products that are rejected by a firm's QUALITY CONTROL system as incapable of being rectified and which have to be disposed of for the salvage value of their materials.
References in periodicals archive ?
Craft beer lovers will be spoilt for choice, with 20 real ales on offer at The Scrap Yard, in Liscard
The scrap yard is located in Mumbra-Kausa area of Thane district.
The owners are given two weeks to remove the car or else the municipality will tow them to the scrap yards in Tubli and Salmabad," he explained.
Fire crews damp down at the scene of a fire at a scrap yard near the Ricoh Arena |
The iScrap App is the leading mobile app and online directory that connects scrap yards with their customers.
NYSE: TMS), a provider of outsourced industrial services to steel mills, has expanded its scrap yard operation in Taichung, Taiwan, from early 2011.
If you're out and about, like me, you can't fail to see the queues of dealers vehicles, as many as 12 at times, waiting to go into the scrap yards, weigh in and get paid.
The scrap yard operators reported they had received some pipes from AMD that were apparently contaminated with asbestos.
A large number of African nationals were seen gathering at the scrap yard in Al-Mansour district to unload these materials.
The group were seen playing in a scrap yard where the fire started.
ATHIEF who stole memorial plaques from a church then tried to sell them, hadn't bargained on the sharp eyes of the scrap yard manager.
Crashing commodity prices have deterred the vile crime of metal theft - it's not as lucrative as it was just a few months ago to bring a pickup load of highway guardrails, irrigation pipe, utility wire or cemetery urns to the scrap yard.