Recoverable Amount

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Definition: Recoverable Amount

Recoverable Amount

Quick Summary of Recoverable Amount

The value of an asset treated as the greater of it’s net realisable value and it’s value in use.

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What is the dictionary definition of Recoverable Amount?

Dictionary Definition

The value of an asset treated as the greater of it’s net realisable value (NRV) and it’s value in use.

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To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/recoverable-amount/
Modern Language Association (MLA):
Recoverable Amount. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
May 18, 2024 https://payrollheaven.com/define/recoverable-amount/.
Chicago Manual of Style (CMS):
Recoverable Amount. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/recoverable-amount/ (accessed: May 18, 2024).
American Psychological Association (APA):
Recoverable Amount. PayrollHeaven.com. Retrieved May 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/recoverable-amount/

Definition Sources

Definitions for Recoverable Amount are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 10th August, 2019 | 0 Views.