Your gateway to comprehensive financial knowledge with more than 2000 financial and economic terms
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Cash Surrender Value
The amount a policyholder receives if they cancel a life insurance policy before maturity.
Purchase Value
The cost paid to the Supplier for the Asset itself, and other capitalized expenditure on that Asset.
Face Value Voucher
A voucher which is issued with a specific monetary redemption value indicated on the voucher or in related documentation.
Judicial
Matters, processes, or entities related to the legal system, including courts, judges, and legal proceedings.
Labor Force
The total number of individuals who are either employed or actively seeking employment within an economy or specific area.
Entity-Specific Value
The present value of the cash flows an entity expects to arise from the continuing use of an asset and from its disposal at the end of its useful life or expects to incur when settling a liability.
Customer Lifetime Value
The expected value that the company anticipates earning from the customer throughout their relationship.
Asset Residual Value
The estimated amount that an entity would currently obtain from disposal of the asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
Reward Value
Bonus value that will be awarded to the bidder for the purchase method.
Customs Value
The value of imported goods for the purpose of imposing customs duties according to value.
Value-Added
The value added to a product at each stage of production as a result of the processes carried out on it; that is, the contribution a company makes to the product by transforming raw materials into a final product.
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