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Learner's Dictionary
book value
1 ENTRIES FOUND:
book value
(noun)
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book value
noun
book value
noun
Learner's definition of BOOK VALUE
[
noncount
]
finance
:
the amount of money that something (such as a car) is officially worth based on its age, style, condition, etc.
I paid $4,100 for the car four years ago, but its
book value
is now under $500.
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