BFinance glossary

Book Value

Quick definition

The value of an asset in the accounts.

Overview

Book value is the value of an asset as recorded in the accounts, reflecting its purchase cost less accumulated depreciation.

Common uses

Financial analysis
Asset valuation
Preparing reports

Examples of use in small businesses

Checking the balance sheet
Calculating depreciation
Comparing with market value

← Back to glossary

FREE FOREVER PLAN

Start Managing Your Finances for Free

Join 2,500+ businesses using Trezy. Our free plan gives you real financial visibility — upgrade anytime for advanced features like AI forecasting and multi-bank sync.

Free forever plan

No credit card required

Ready in under 5 minutes

Get Started Free

or see pricing