The current book value of an asset or liability; that is, its original book value net of any accounting adjustments such as depreciation. Bloomberg Financial Dictionary
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net book value UK US noun [S or U] (ABBREVIATION NBV) ACCOUNTING
► the value of an asset calculated by subtracting depreciation (= reduction in its value) from its cost: »
The company said the net book value of assets at the date of completion is approximately €800m.
► the value of a company, calculated by subtracting depreciation (= reduction in its value) from the difference between the value of its total assets and total debt: »
The company has an estimated net book value of about 88 million.
Financial and business terms. 2012.