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.]

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词条贡献者

资深译员徐玲，知名法学院法律翻译专业，擅长翻译各类与财务重组相关的法律文件。