salvage value


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salvage value

[′sal·vij ‚val·yü]
(engineering)
The cost that could be recovered from the sale of used equipment when removed or scrapped.
The actual market value of a specific facility or equipment at a particular point in time.
References in periodicals archive ?
10 of which asserted that the service lives and salvage values of depreciable assets are in fact examples of accounting estimates that may require adjustments from time to time based upon an assessment of changing circumstances and the exercise of judgment by management "as more experience is acquired, or as additional information is obtained.
An unlimited quantity can be sold at the salvage value.
The sensitivity of project is evaluated between -40 % and + 40 % for the net revenue gain, capital investment, salvage value and operating cost.
Salvage value of the overhead system replaced would offset a portion of the conversion costs.
The committee further stated in its report, "The entire cost or other basis of eligible property is recovered under the new system, eliminating the salvage value limitation under present law.
00 Project life 3 $ Yrs Salvage value 20,000 Unit sales 230,000 $ Unit price 3.
InvestCap had estimated a depreciation expense of Rs815 million for 3QCY11 where it had assumed zero salvage value for the plant and a 20 year useful life.
The equipment is projected to have an economic life of three years with a salvage value of $9,000.
Physical Pipeline Attributes--(1) date of installation (vintage), (2) type of installation, (3) appearance of pipe, (4) method of construction, (5) salvage value after termination of usage, (6) type of system (oil, gas product, jet fuel), (7) size of pipe in pipeline (specifications), (8) interconnects (with other pipelines or supply sources), (9) amount of cover on pipeline, (10) pipe protection (coatings), (11) cathodic protection, (12) type of system (mink, gathering), and (13) records availability (alignment sheets, maintenance records).
Exhibit 1: Lease Fee Calculation [A + B - D] / life * C = X A = asset cost B = fund shortage C = inflation factor D = Salvage value X = normal annual lease fee
Salvage value is what the system is worth at end of life, provided that it has any residual value.
After the sales season, each unsold unit has a salvage value that is equal to a fraction of the unit sale price to the retailer.