单词 | salvage value |
释义 | salvage value salvage value (also scrap value) noun [C,U]
1 (Accounting ) the value of an asset at the end of its useful life: The delivery van was purchased for €40 000, and after five years will have a salvage value of approximately €5 000.
2 (Insurance ) the value of sth that has been damaged in an accident, etc., such as goods or a ship |
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