The estimated salvage or trade-in value of a tangible asset using an estimated disposal date. Residual value is an important calculation for depreciation expense. Also called salvage value or disposal value.
Residual-value Sentence Examples
Such total exclusion from consciousness is, however, manifestly impossible with only two presentations,' though with three or a greater number the residual value of one may even be negative.
Lombard builds in a residual value to reduce the rentals, thus helping cash flow and making ' off-balance sheet ' funding possible.
The manufacturer downfall in leasing is the inability to actually determine the end value or residual value at the completion of those leases.