Examlex
What is the meaning of the expression?
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Book Value
The net value of a company's assets minus its liabilities, often used to assess its equity value.
Intangible Asset
An asset that is not physical in nature, such as patents, copyrights, trademarks, and goodwill.
Depreciation Expense
An accounting method of allocating the cost of a tangible asset over its useful life to represent how much of the asset's value has been used.
Estimated Useful Life
The expected period over which an asset is anticipated to be used by a business.
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