Saying that everything is meaningless sounds depressing, but we must keep solomons point of view in mind. Buffetts historic 2011 announcement of a share repurchase program for shares of berkshire hathaway serves to illustrate the importance of looking at book value. This barcode number lets you verify that youre getting exactly the right version or edition of a book. Search meaning and thousands of other words in english definition and synonym dictionary from reverso. Book value definition of book value by the free dictionary. Book value per share is a widely used stock evaluation measure. Synonyms for valuable at with free online thesaurus, antonyms, and definitions. If someone repeatedly hurts your feelings and casually says theyre sorry, you might feel like the apology is meaningless. In accounting a company, the net book value is the value of the companys assets minus the value of its liabilities and intangible assets. Rather, his point is that all human efforts apart from gods will are meaningless. A book that has significant damage is likely not worth much. A companys common stock equity as it appears on a balance sheet, equal to total assets minus liabilities, preferred stock, and intangible assets such as goodwill. Book value of a whole business equals the book value of its total assets minus the book value of its total liabilities. The value of a companys net assets at amounts reported on its balance sheet.
Of little value or importance more adjective having no use, purpose or reason. Book value definition, the value of a business, property, etc. The value of an asset as calculated by the acquisition price plus or minus any adjustments acquisition or value minus any depreciation previously taken. If somethings meaningless, it has no real value, purpose, or significance. Net asset value in stocks and businesses, an expression of the underlying value of the company.
Net book value the current book value of an asset or liability. Dec 30, 2012 book value is the value of an asset, liability or equity as it appears on the balance sheet. The market sees no compelling reason to believe the companys assets are better or worse than what is stated on the balance sheet. This is how much the company would have left over in assets if it went out of business immediately. It is important to realize that the book value is not the same as the fair market value because of the accountants.
For assets, the value is based on the original cost of the asset less any depreciation, amortization or impairment costs made against the asset. Your first phrase, meaningless exchanges seems inclusive of the latter though the examples dont. Book value is a widely used stock evaluation measure. The value of intellectual property, intangible assets and. In accounting, book value or carrying value is the value of an asset according to its balance sheet account balance. Then youd divide the net assets by the number of shares of common stock, preferred stock, or bonds to get the nav per share or per bond. Find all the synonyms and alternative words for book value at, the largest free online thesaurus, antonyms, definitions and translations resource. Book value a companys total assets minus intangible assets and liabilities, such as debt. Book value is the term which means the value of the firm as per the books of the company. Definition and synonyms of book value from the online english dictionary from macmillan education. A system of nihilism, consciousness and reality tartaglia, james on. Essentially, an assets book value is the current value of the asset with respect.
Dictionary grammar blog school scrabble thesaurus translator quiz more resources more from collins. Everything is meaningless, he did not mean that everything in the world is of zero value. The pricetobook ratio measures a companys market price in relation to. The price to book pb ratio is used to compare a companys market price to book value and is calculated by dividing price per share by book value per share. If we make the assumption that the accounting measure of capital invested book value of capital is a good measure of capital invested in assets today, this approach implies that firms that earn positive excess return cash flows will trade at market values higher than their book values and that the reverse will be true for firms that earn negative excess return cash flows. Book value is the value of an asset, liability or equity as it appears on the balance sheet. The basic book of synonyms and antonyms signet by laurence urdang editor isbn.
The book value of an asset at any time is its cost minus its accumulated depreciation. It is important to realize that the book value is not the same as the fair market value because of the accountants historical cost principle and matching principle. Traditionally, a companys book value is its total assets minus intangible assets and liabilities. Book value is often used interchangeably with net book value or carrying value, which is the original acquisition cost less accumulated depreciation, depletion or amortization.
Since companies are usually expected to grow and generate more. Find the latest book value for activision blizzard, inc atvi activision blizzard, inc atvi book value zacks. Net book value in accounting, an assets original price minus depreciation and amortization. Find 2,383 synonyms for meaningless and other similar words that you can use instead based on separate contexts from our thesaurus. Negative equity itself is meaningless could be good or bad.
A companys book value might be higher or lower than its market value. May 29, 2019 book value is an assets original cost, less any accumulated depreciation and impairment charges that have been subsequently incurred. Book values definition of book values by the free dictionary. Find all the synonyms and alternative words for book value at synonyms. Valueless synonyms, valueless antonyms merriamwebster. Regarded as having too little value or usefulness to be worth keeping. Book value definition of book value by merriamwebster. Synonyms for market value in english including definitions, and related words. The book value of equity is equal to total assets minus total liabilities, preferred stocks, and intangible assets. That is why warren buffett said in all cases, what is clear is that book value is meaningless as an indicator of value in his 2000 annual report.
Top synonyms for meaningless other words for meaningless are pointless, senseless and insignificant. Meaningless meaning in the cambridge english dictionary. Acceptable methods for the valuation of identifiable intangible assets. Book value of equity, also known as shareholders equity, is a firms common equity that represents the amount available for distribution to shareholders. Thesaurus for meaningless from the collins english thesaurus. Meaningless definition, without meaning, significance, purpose, or value. The best strategy is to make book value one part of what you look for.
Translations for meaningless use our synonym finder. Net book value nbv represents the carrying value of assets reported on the balance sheet, and is calculated by subtracting accumulated depreciation from the original purchase cost of the asset. Jan 02, 2020 when solomon says, everything is meaningless, he did not mean that everything in the world is of zero value. Solomon had it all, and he had tried everything, but when he left god out of the equation, nothing satisfied him. Find all the synonyms and alternative words for for values of at, the largest free online thesaurus, antonyms, definitions and translations resource on the web. That is, it is a statement of the value of the companys assets minus the value of its. The monetary amount by which an asset is valued on a companys balance sheet, a figure not necessarily identical to the amount the asset could bring on the open market. Book value is a key measure that investors use to gauge a stocks valuation. Net book value financial definition of net book value. The pricetobook ratio, or pb ratio, is a financial ratio used to compare a companys current. Depreciation reflects the decrease in the useful life of an asset due to use of the asset.
Top synonym for meaningless another word for meaningless is pointless. You shouldnt judge a book by its cover, and you shouldnt judge a company by the cover it puts on its book value. Most hard cover books published since the early 20th century were sold with a dust jacket. Without my friends my life would be lonely and empty. Synonyms for book value include cost of goods sold, carrying value, cogs, cost of merchandise sold, cost of sales and production cost. This is the british english definition of book value. Book value is calculated by subtracting any accumulated depreciation from an assets purchase price or historical cost. The book value of a company is the total value of the companys assets, minus the companys outstanding liabilities. Sentences with the word book value what is the plural of book value. Book value legal definition of book value legal dictionary. Synonyms for worthless at with free online thesaurus, antonyms, and. In theory, a low pricetobookvalue ratio means you have a cushion against poor performance. Top synonym for book value another word for book value is at book value.
What you call meaningless conversation is a chapter in social conventions. Finding the nav involves subtracting the companys short and longterm liabilities from its assets to find net assets. Wikipedia, lexilogos, oxford, cambridge, chambers harrap, wordreference, collins lexibase dictionaries, merriam webster. The book values of assets are routinely compared to market values as part of various financial analyses. A word to describe meaningless exchanges in conversation duplicate ask question asked 3 years, 6 months ago. Book value is used in the financial ratio price book. A convention is a set of agreed, stipulated, or generally accepted standards, norms, social norms, or criteria, often taking the form of a custom. Book value is determined in accordance with the applicable accounting framework such as us gaap or ifrs. Change your default dictionary to american english. Put another way, the book value is the shareholders equity, or how much the company would be worth if it paid of all of its debts and liquidated immediately. When a business is liquidated, the book value is what may be left over for the owners after all the debts are paid. Synonyms for book value in english including definitions, and related words. Book value of an asset is the value at which the asset is carried on a balance sheet and calculated by taking the cost of an asset minus the accumulated depreciation. Clear explanations of natural written and spoken english.
Book value is the net asset value nav of a companys stocks and bonds. Book value is determined in accordance with the applicable accounting framework such as. Book value or carrying value is the net worth of an asset that is recorded on the balance sheet. The carnival erased social conventions by rendering them meaningless. Words in a book will be meaningless to you if theyre written in a language you dont understand, and the small talk you engage in when you run.
In accounting, book value refers to the amounts contained in the companys general ledger accounts or books. It is a valuation metric that sets the floor for stock prices under a worstcase scenario. Useless synonyms best 91 synonyms for useless thesaurus. Synonyms for synonym at with free online thesaurus, antonyms, and definitions. Find the latest book value per share for the trade desk inc. Synonyms for meaningless at with free online thesaurus, antonyms, and definitions. Home accounting dictionary what is net book value nbv. An assets book value is equal to its carrying value on the balance sheet, and companies calculate it netting the asset against its accumulated depreciation.
The dust jacket is both the most decorative part of a book, and the most delicate. Synonyms for useless at with free online thesaurus, antonyms, and definitions. Companies use the pricetobook ratio pb ratio to compare a firms. Heres a list of similar words from our thesaurus that you can use instead. A word to describe meaningless exchanges in conversation.
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