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Book Value
The net value of a company's assets as recorded on the balance sheet, typically used as a measure to assess whether a stock is under- or overvalued.
Historical Cost
The original monetary value of an asset or transaction, based on the purchase price or cost at the time of acquisition.
Accumulated Depreciation
The total amount of depreciation expense that has been recorded against a company's assets over time.
Double-Declining-Balance Method
A method of accelerated depreciation which computes depreciation expense by doubling the straight-line rate and applying it to the book value of the asset at the beginning of each year.
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