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ALG Residual Values
Data & Consulting for Automakers and Financial Institutions
www.alg.com
Financial Dictionary
residual value
The price at which a fixed asset is expected to be sold at the end of its useful life. Residual value is used in calculating some types of depreciation.
Also called
salvage value
,
scrap value
.
Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
Cite This Source
ALG Residual Values
Data & Consulting for Automakers and Financial Institutions
www.alg.com
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