- The cumulative book income plus any gain or loss on disposition of the assets on termination of the SAT. The New York Times Financial Glossary
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* * *book profit UK US noun [C or U] (also book gain) ACCOUNTING► profit that has been made but that has not yet been taken, for example when shares have risen in value since they were bought but have not yet been sold: »
If the land was revalued and stated in the balance sheet at its current market price, this would result in the company making a book profit.
Financial and business terms. 2012.
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book profit — The cumulative book income plus any gain or loss on disposition of assets. Bloomberg Financial Dictionary * * * book profit book profit ➔ profit1 * * * book profit UK US noun [C or U] (also book gain) ACCOUNTING ► pro … Financial and business terms
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