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SourceLaw Dictionary Browse Letter B

Book Value

Legal definition for Indian law research

Definition

Book value, means the value of something as shown on book keeping records as distinguished from market value, the value of an asset equal to cost less deprecation, the value of a corporation's capital stock expressed as its original cost less deprecation and liabilities, Webster's Dictionary of Law, Indian Edn. (2005), p. 57.

Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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