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Topical Terminology > Salvage Value



5 Definitions

Salvage Value

For Salvage Value we have terms and definitions in 5 topics. The topics are Accounting, Accounting Terms, Dairy Production, Finance and Natural Gas.



Salvage Value (Accounting)

is: a) Realizable value of a fixed asset after deducting costs associated with its sale; b) Scrap value or the value to a junk dealer; or c) The amount remaining after all depreciation has been deducted from the original cost of a depreciable asset.


Salvage Value (Accounting Terms)

Selling price assigned to retired FIXED ASSETS or merchandise unsalable through usual channels.


Salvage Value (Dairy Production)

The market value of a resource at the end of its useful life in the business.


Salvage Value (Finance)

Scrap value of plant and equipment.


See more Finance Terms ...

Salvage Value (Natural Gas)

The amount received for property retired, less any expenses incurred in connection with the sale or in preparing the property for sale; or, if retained, the amount at which the material recoverable is chargeable to Materials and Supplies, or other appropriate account.




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