NET BOOK VALUE Definition

Bookmark and Share

NET BOOK VALUE is the difference between total assets (net of accumulated depreciation, depletion, and amortization) and total liabilities of a business enterprise as they appear on the balance sheet (synonymous with Shareholder's Equity); with respect to an intangible asset, it is the capitalized cost of an intangible asset less accumulated amortization as it appears on the books of account of the business enterprise.

Learn new Accounting Terms

GAAP is Generally Accepted Accounting Principles or Generally Accepted Accounting Procedures (less common).

DONATED ASSETS are assets received in a voluntary non-reciprocal transfer from another entity such as gifts of capital assets; usually voluntary contributions of resources to a governmental entity by a non-governmental entity.

Suggest a Term

Enter Search Term

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