Term:
Book value
Definition:
Book value is the value at which an equity or other capital asset or liability is recorded in the balance sheet of an entity. Book value can reflect one of the following valuation methods:
• Historical cost
• Replacement cost
• An interim adjusted price, which is not the current market price
• Fair market value
• Current market price
Domain:
Finance
Source:
OECD & IMF, 2004, Glossary of Foreign Direct Investment Terms and Definitions, Paris and Washington DC
