Salvage Value

Last Updated: Jun 7, 2019

Created By :

Last Edited By :

Created On :

The estimated resale value of an asset at the end of its useful life, when it has been fully depreciated.   It is used to calculate the depreciable cost of an asset by subtracting it from the cost of an asset. For example, a $100 machine with a $10 salvage value will have a depreciable value of $90.