realizable asset
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asset classification — The classification of assets as required by law on a balance sheet. Assets must be classified as fixed (i.e. held for use on a continuing basis) or current (i.e. not intended for continuing use but held on a short term basis). Fixed assets are… … Accounting dictionary
Net Realizable Value - NRV — The value of an asset that can be realized by a company or entity upon the sale of the asset, less a reasonable prediction of the costs associated with either the eventual sale or the disposal of the asset in question. Net realizable value is a… … Investment dictionary
net realizable value — ➔ value1 * * * net realizable value UK US (UK also net realisable value) noun [C or U] (ABBREVIATION NRV) ACCOUNTING, FINANCE ► the value of an asset if it were sold, after all the costs of selling it have been p … Financial and business terms
Net realizable value — (NRV) is a method of evaluating an asset s worth when held in inventory, in the field of accounting. NRV is part of the Generally Accepted Accounting Principles and International Financial Reporting Standards (IFRS) that apply to valuing… … Wikipedia
net realizable value — noun The amount expected to be received from the sale of an asset after deducting all the expenses incurred in the sale • • • Main Entry: ↑net … Useful english dictionary
balance-sheet asset value — The value of an asset as represented on the balance sheet. For tangible fixed assets this is the cost less accumulated depreciation (although freehold land is generally not subject to depreciation). Intangible assets are shown at cost less… … Accounting dictionary
balance-sheet asset value — The value of an asset as represented on the balance sheet For tangible fixed assets this is the cost less accumulated depreciation (although freehold land is generally not subject to depreciation). Intangible assets are shown at cost less… … Big dictionary of business and management
dead asset — Worthless asset which has no realizable value; e.g. uncollectable account receivable … Black's law dictionary
dead asset — Worthless asset which has no realizable value; e.g. uncollectable account receivable … Black's law dictionary
net realizable value — NRV 1) The sales value of the stock of an organization less the additional costs likely to be incurred in getting the stocks into the hands of the customer. It is the value placed on the closing stock according to the requirements of Statement of … Accounting dictionary
