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salvage value

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Market Auto Value
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Financial Dictionary

salvage value

See residual value.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Market Auto Value
Research Unbiased Market Auto Value & Auto Reviews at Kelley Blue Book.
www.kbb.com
Auto Values
Research, Reviews, Pricing & More. Auto Discounts
www.Edmunds.com
Legal Dictionary

Main Entry: salvage value
Function: noun
1 : the value of damaged property
2 : the actual or estimated value realized on the sale of a fixed asset at the end of its useful life
NOTE: Salvage value is used in calculating depreciation.
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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Reclaimed Lumber & Brick
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