net book value

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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.

net book value


written down value

the accounting value of a FIXED ASSET in a firm's BALANCE SHEET that represents its original cost less cumulative DEPRECIATION charged to date.

net book value

the accounting value of a FIXED ASSET in a firm's BALANCE SHEET that represents its original cost less cumulative DEPRECIATION charged to date.
References in periodicals archive ?
The bonds are secured by a lien on property with a net book value of $3.
The Company has extended the Offer to provide shareholders with additional time to consider whether or not to tender their shares in the tender offer or to withdraw previously tendered shares in light of the following information relating to the net book value per share of the Company's common stock as of September 30, 2004.
LP has adjusted its 2005 third quarter earnings, previously reported in a press release dated October 26, 2005, to reflect a write down of the assets associated with the vinyl business to reduce the net book value of these assets to the estimated net sales price for these assets.
In the news release, Lexington Corporate Properties Trust Provides Details On Lease With VarTec, issued earlier today by Lexington Corporate Properties Trust over PR Newswire, we are advised by Lexington that the last sentence in the third paragraph should read as follows "In addition, the Property had a net book value of $28.
21 /PRNewswire/ -- Denny Callahan, President and newly elected Chairman of the Board of Crowley, Milner & Company (AMEX: COM), announced significant developments following Crowley's annual meeting today that are expected to almost triple the retailing chain's net book value.
At time of closing of the sale of said property, the net book value of AMIN will increase by $5.
The transaction was subject to the satisfaction of customary closing conditions and certain other adjustments, including the net book value of SPS, which reduced slightly the initial cash payment from original estimates.
The government alleged that AT&T knowingly failed to provide government negotiators with the so-called net book value of the switches while negotiating the lease price.
These aircraft range in age from 14 to 19 years and represent a combined net book value, net of nonrecourse debt, of $13 million, or .
ENSCO 29 is insured for $15 million (subject to applicable deductibles) and has a net book value of approximately $7.