In page navigation
Book value
An accounting term describing the recorded value of an asset in the books of a business. This may be the original cost (known as historical cost) of the asset or, where periodic revaluations are made, the last decided value. Book value should be carefully distinguished from net book value, which is the book value less amounts written off by way of depreciation or other wastage.
Reference: The Penguin Business Dictionary, 3rd edt.
More definitions
Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >
