Salvage Value

Filed Under: Business

1 definition found for this term.
Definitions are presented in the order source books were published (most recent first).

Source:

(1) Realizable value of a fixed asset after deducting costs associated with its sale; (2) Scrap value or the value to a junk dealer; (3) The amount remaining after all depreciation has been deducted from the original cost of a depreciable asset.

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