Book profit

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.

Look at other dictionaries:

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