Meaning of the word "book value" in English
What does "book value" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
book value
US /ˈbʊk ˌvæl.juː/
UK /ˈbʊk ˌvæl.juː/
Noun
the value of an asset as recorded in a company's accounting records, which may be different from its market value
Example:
•
The company's assets have a total book value of $10 million.
•
Investors often compare a company's market price to its book value.
Related Word: