Definition: Written-down (net) value of a fixed asset

SNA 1993

The written-down (net) value of a fixed asset is the actual or estimated current purchaser's price of a new asset of the same type less the cumulative value of the consumption of fixed capital accrued up to that point in time.
Source:
United Nations, "System of National Accounts (SNA) 1993", United Nations, New York, 1993, § 6.199
Created:
Updated:

Search box

Search