net realizable value of asset

Definitions (2)
Popular Terms
1. Selling price of an asset less the expenses incurred in the sales transaction, and in bringing the asset to the saleable state. This is the maximum amount in 'lower of cost or market value' rule applied to inventory valuation.
2. Future earnings an asset is expected to generate less the costs of owning, maintaining, operating, and (in case of land) developing the asset.

Email Print Embed