Book value

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Book value (hereinafter, the Value) is cost of equipment less accumulated depreciation. The Value can also refer to the carrying value of bonds.


Definitions

According to College Accounting: A Practical Approach by Slater (13th edition)‎,

Book value. Cost of equipment less accumulated depreciation.

According to Cost Accounting by Horngren, Datar, Rajan (14th edition),

Book value. The original cost minus accumulated depreciation of an asset.

According to the Strategic Management by David and David (15th edition),

Book value. Number of shares outstanding times stock price.

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