noun
the value at which an asset is carried on a balance sheet; equals cost minus accumulated depreciation
• Hypernyms: ↑value
• Hyponyms: ↑capital stock
* * *
noun [noncount]
finance : the amount of money that something (such as a car) is officially worth based on its age, style, condition, etc.
I paid $4,100 for the car four years ago, but its book value is now under $500.
Useful english dictionary. 2012.