Net Realizable Value - NRV

The value of an asset that can be realized by a company or entity upon the sale of the asset, less a reasonable prediction of the costs associated with either the eventual sale or the disposal of the asset in question.

Net realizable value is a commonly used method of evaluating an asset's worth in the field of inventory accounting. NRV is part of GAAP rules that apply to valuing inventory, so as to not overstate or understate the value of inventory goods.


Investment dictionary. . 2012.

Look at other dictionaries:

  • net realizable value — noun The amount expected to be received from the sale of an asset after deducting all the expenses incurred in the sale • • • Main Entry: ↑net …   Useful english dictionary

  • net realizable value — grynoji realizavimo vertė statusas Aprobuotas sritis buhalterinė apskaita ir finansinė atskaitomybė apibrėžtis Įprastinės veiklos metu įvertinta turto pardavimo kaina, atėmus įvertintas turto vieneto gamybos baigimo ir įvertintas turto pardavimo …   Lithuanian dictionary (lietuvių žodynas)

  • net realizable value — Fin the value of an asset if sold, allowing for costs …   The ultimate business dictionary

  • Net Realizable Value — zu erwartender realisierbarer Verkaufserlös, ⇡ Conceptual Framework …   Lexikon der Economics

  • lower of cost and net realizable value rule — The method of valuing current assets and work in progress required by Statement of Standard Accounting Practice 9 and the Companies Act (1985), in which they should be valued at the lower of either cost or net realizable value for published… …   Accounting dictionary

  • Чистая возможная цена продажи (NET REALIZABLE VALUE)  — 1. В контексте запасов оценочная цена реализации при нормальном состоянии дел предприятия за вычетом разумной предполагаемой стоимости затрат, связанных с их реализацией (например, расходов на доставку до покупателя).  2. В контексте дебиторской… …   Словарь терминов по управленческому учету

  • net book value — Fin the historical cost of an asset less any accumulated depreciation or other provision for diminution in value, for example, reduction to net realizable value, or asset value which has been revalued downwards to reflect market conditions. Also… …   The ultimate business dictionary

  • net sales value — grynoji realizavimo vertė statusas Aprobuotas sritis buhalterinė apskaita ir finansinė atskaitomybė apibrėžtis Įprastinės veiklos metu įvertinta turto pardavimo kaina, atėmus įvertintas turto vieneto gamybos baigimo ir įvertintas turto pardavimo …   Lithuanian dictionary (lietuvių žodynas)

  • realizable — rea‧liz‧a‧ble [ˈrɪəlaɪzəbl] also realisable adjective realizable assets/​investments FINANCE assets or investments that can be sold quickly to provide money that is needed: • It had realizable assets of only $1.16 billion against liabilities of… …   Financial and business terms

  • value — The importance placed on something by an individual. Value is subjective and may change according to the circumstances. Something that may be valued highly at one time may be valued less at another time. The CENTER ONLINE Futures Glossary * * * ▪ …   Financial and business terms

  • value to the business — The value of an asset taken as the lower of the replacement cost and the recoverable amount. The latter is the greater of the net realizable value and net present value. It is claimed that generally an asset should never be worth more to a… …   Accounting dictionary

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