NET BOOK VALUE
net book value.An asset’s value as that value appears on an organization’s books, less the
asset’s depreciation since the last valuation. [Cases: Taxation 375(1). C.J.S. Taxation §§ 547–548, 556.]
[Blacks Law 8th]
net book value.An asset’s value as that value appears on an organization’s books, less the
asset’s depreciation since the last valuation. [Cases: Taxation 375(1). C.J.S. Taxation §§ 547–548, 556.]
[Blacks Law 8th]