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Book Value

The original published value of an asset as determined by the manufacturer of the asset, industry association or other recognized authority. 

The Book Value is the difference between the acquisition cost of a Tangible Capital Asset less its accumulated amortization. It represents the unconsumed acquisition cost of a Tangible Capital Asset attributable to its remaining service life. Write-downs due to obsolescence or reductions to the asset’s useful life also reduce the Book Value.


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