What is another word for NET BOOK VALUE?
Pronunciation: [nˈɛt bˈʊk vˈaljuː] (IPA) 
Net book value is a term that refers to the value of an asset that's recorded on a company's financial statements. It's the difference between the cost of the asset and the accumulated depreciation on it. Synonyms for the term net book value include carrying value, depreciated cost, and net asset value. Carrying value refers to the value of an asset that's recorded on the balance sheet, while depreciated cost refers to the original cost of an asset less accumulated depreciation. Net asset value, on the other hand, is used to describe the value of all assets less liabilities, and it's commonly used by mutual funds to calculate the value of their holdings.
