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Home > QFINANCE Dictionary > Definition of NBV

Definition of


Accounting abbr

original cost of asset minus depreciation net book value: the historical cost of an asset less any accumulated depreciation or other provision for diminution in value, for example, reduction to net realizable value, or asset value which has been revalued downward to reflect market conditions.

Definitions of ’NBV’ and meaning of ’NBV’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’NBV’ and other financial terms with our online QFINANCE Financial Dictionary.

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