book value
nounthe value of an asset as carried (=recorded) on a balance sheetWhen British Energy released its interim results last December it hinted that the £4.44bn balance sheet book value of its assets might be too high.
Legal English Dictionary
- chief operating officer
- revoke
- governed
- law clerk
- mens rea
- contravention
- freely transferable share
- term of office
- deadlock
- deep discount
- declare
- distribution
- bankruptcy
- exemption
- make an offer
- presumption
- guarantee
- unenforceable
- misappropriation
- nonfeasance
- order
- repeal
- plea
- European Court of Justice
- Societas Europaea
- indicator
- defame
- hear
- oversee
- compensation
- performance
- security
- assessment
- offset
- International Monetary Fund
- parody
- deposition
- administration
- term loan
- deduction
- bring proceedings
- uphold
- secretary
- distressed
- law firm
- tax implications
- disgorgement
- foreperson
- coroner
- legal precedent
