Net salvage value definition

Net salvage value means the salvage value of property retired less the cost of removal.
Net salvage value means the salvage value less the cost of removal.
Net salvage value means the salvage value of property retired less the cost of removal. (See definition 33, “Salvage value,” and balance sheet Account 131-1, paragraph D.)

More Definitions of Net salvage value

Net salvage value means the salvage value of the property retired after deducting the cost of removal.
Net salvage value means the salvage value of prope_y reth'ed less the cost of removal.

Related to Net salvage value

  • Salvage value means the amount received for property retired, less any expenses incurred in connection with the sale or in preparing the property for sale, or, if retained, the amount at which the material recoverable is chargeable to materials and supplies, or other appropriate account.

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