Words / N / Business

net realizable value

noun

B1CEFR level
45/100Rarity: uncommon
TechnicalRegister

The estimated selling price of an asset less the costs to complete and sell it.

The obsolete stock gets written down to net realizable value, which for those units is barely scrap.

Topic: Accounting in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Accounting