Business terms and jargon explained. Your business dictionary
What is Book value
Book value is the value of an asset in a companies or business balance sheet. It is the valuation of the asset rather than the cost of the asset. This can be the cost less depreciate or a revaluation to market value as in property.
Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.