Net Realizable Value
Definition of "Net realizable value"
- Expected selling price of property less costs to sell. It is the net amount received upon the sale of property.
- gross receivables less allowance for doubtful accounts, representing the expected collectibility of those receivables.
Popular Real Estate Terms
Term given to two depreciation systems defined by the Internal Revenue Service: The main system is called the General Depreciation System (GDS). Under GDS, most property is assigned to ...
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Partnership agreement where the parties consent to purchase the interest of those leaving the partnership while those leaving similarly consent to sell their interests to agreement for a ...
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A court order on an issue directly related to the immediate action. ...
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