Salvage Value is the amount remaining after a depreciated useful life. It refers to the residual or recoverable value of a depreciated asset. It should be noted that the gross salvage value may be adjusted by a removal or disposal cost. This adjustment would lower the gross salvage value.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). salvage value. Retrieved September 24, 2026, from http://smartdefine.org/salvage_value/definitions/1162882 |
| Chicago | Barry Goldsmith. 2010. "salvage value" http://smartdefine.org/salvage_value/definitions/1162882 (accessed September 24, 2026). |
| Harvard | Barry Goldsmith 2010, salvage value, Smart Define, viewed 24 September, 2026, <http://smartdefine.org/salvage_value/definitions/1162882>. |
| MLA | Barry Goldsmith. "salvage value" 21 October 2010. Web. 24 September 2026. <http://smartdefine.org/salvage_value/definitions/1162882> |