The book value of an asset after allowing for depreciation and amortization. Bloomberg Financial Dictionary
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written-down value UK US noun [U] (also WDV) ABBREVIATION ACCOUNTING
► the value that a company gives an asset in its accounts after reducing it to allow for depreciation: »
Machinery will usually be sold at its tax written-down value to avoid any balancing charge to the vendor.
Financial and business terms. 2012.