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Meaning of book value | Babel Free

Noun CEFR B2

Definitions

  1. The value of an asset as reflected on an entity's accounting books, without accounting for appreciation or depreciation.
  2. The price for which an item or service should be bought or sold, usually as related in a printed collection of prices for similar items or services.

Equivalents

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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See also

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