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Home > QFINANCE Dictionary > Definition of salvage value

Definition of

salvage value

Accounting

value of asset if scrapped the value of an asset if it is sold for scrap.

Related definitions of "salvage value"

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

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