ECONOMIC VALUE ADDED Definition

Bookmark and Share

ECONOMIC VALUE ADDED (EVA) measures the difference between the return on a company's capital and the cost of that capital. A positive EVA indicates that value has been created for shareholders; a negative EVA signifies value destruction.

Learn new Accounting Terms

VALUE IN USE is the value of an asset in the opinion of the owner.

HARMONIZED SYSTEM is an internationally agreed upon classification system for trade. It provides code numbers to specify a goods classification; thereby making customs duty determination more predictable.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.