Business, Legal & Accounting Glossary
The estimated amount that an entity would currently obtain from disposal of the asset, after deducting the estimated cost of disposal, if the asset were already of the age and in the condition expected at the end of it’s useful life.
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Definitions for Residual Value are sourced/syndicated and enhanced from:
This glossary post was last updated: 7th January, 2020 | 27 Views.