residual

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Residual

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.

SAG Fee

A fee paid to an actor or other performer for a rerun of a program in which he/she was part of the cast. An advertiser or a broadcaster may pay the fee, which is set in a union contract. It is also called a residual fee.

residual

see REGRESSION ANALYSIS.

residual

(1) An amount remaining from an investment after payment of all operating expenses, debt service, reserve funds, and income taxes. The residual remains for payment to the investor.

(2) The value of leased personal property at the end of the lease term. Under an operating lease, a lessee may be given the right to purchase the property for the previously agreed upon residual value.Car leases,copier leases,and heavy equipment leases all work on this principle.

References in periodicals archive ?
National Vector Borne Disease Control Programme (NVBDCP), India, recommends use of indoor residual spray (IRS) with insecticides recommended under the programme; and use of chemical larvicides like abate in potable water; aerosol space spray during day time and malathion fogging during outbreaks as chemical control methods; and use of larvivorous fish in ornamental tanks, fountains, etc.
TMAs are bound to provide indoor residual spray facility to each and every household free of cost if demanded by the citizens, the ACS concluded.
She informed that control activities include collection of blood slides from suspected malaria cases in all health facilities/relief camps and providing treatment to positive cases on the spot and submitting detailed report to the control room already established at Directorate of Malaria Control Programme Hyderabad on daily basis, ensure the availability of anti malarial medicines at all health facilities, check Indoor Residual Spray in camps, schools and villages of highly rain affected areas to control any outbreak of malaria, monitor fumigation at relief camps and affected villages.
He informed that fumigation and residual spray is also ongoing campaign in the high risk areas.
He said the Fisheries department would use larvae eating fish in the water ponds and fumigation and residual spray will be also made in the high risk areas.
To demonstrate the feasibility of eliminating malaria and prevention of reestablishment of this disease, ICMR and Sun Pharma will use rapid diagnostic tests (RDTs) and antimalarial drugs (ACTs), longlasting insecticide treated bednets and indoor residual spray (IRS).
He said incomplete address of dengue patient created problem in case response and indoor residual spray.
In first phase from May to July this year, the cell has so far conducted three major rounds of fumigation and residual spray in the rural areas of ICC focusing on schools, public buildings house dwellings and bazaars under the supervision of district health officer, Islamabad, assistant commissioners and magistrates.
Under the campaign, as many as five teams have been constituted for conducting door to door fumigation and residual spray in the rural areas.
Manual for Indoor Residual Spraying: Application of Residual Sprays for Vector Control.
However, Gair said it is a concern for unborn children and pregnant women, who he says should use residual sprays in the home and insect repellent.