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Glossary of the 1993 SNA - Definition of Term

TermNet value of a fixed asset
DefinitionThe net (or written-down) value of a fixed asset is equal to 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.
Paragraphs6.199.
 
It is acknowledged that this glossary uses descriptions of the OECD glossary of statistical terms, the Glossary of the System of National Accounts 1993 and the UN classifications registry.
 
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