Book value

{
  "id": "MLC-T-LAW-000764",
  "term": "Book value",
  "field": "Law",
  "definition": "The value of an asset as recorded on a company's balance sheet, equal to its original cost less accumulated depreciation or amortization. For a whole company, book value is total assets minus total liabilities, which equals shareholders' equity, while tangible book value also removes intangible assets. It is a historical accounting measure that may differ significantly from market value.",
  "url": "https://mlchart.com/terminology/law/book-value/"
}