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 - Investment & Finance Definition
Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
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"Residual value." YourDictionary. LoveToKnow. www.yourdictionary.com/residual-value.
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Residual value. (n.d.). In YourDictionary. Retrieved from https://www.yourdictionary.com/residual-value
