Tags Business & Finance

Animals & Plants Arts & Entertainment Auto Beauty & Health Books and Literature Business Electronics Engineering & Technology Food & Drink History Hobbies Jobs & Education Law & Government Math People & Society Science Social Studies Sports Travel & Places

0

Subjects>Business>Finance

What describes the term residual value?

Anonymous

∙ 11y ago

Updated: 4/28/2022

the amount a car is said to be worth at the end of the lease

Wiki User

∙ 11y ago

Still curious? Ask our experts.

Chat with our AI personalities

Ross

Every question is just a happy little opportunity.

Chat with Ross

Beau

You're doing better than you think!

Chat with Beau

Coach

Success isn't just about winning—it's about vision, patience, and playing the long game.

Chat with Coach

Add your answer:

Earn +20 pts

Q: What describes the term residual value?

Write your answer...

Submit

Still have questions?

imp

Continue Learning about Finance

is this true Residual value means the actual cash one receives at end of life of asset?

Residual value is the value of the asset that they are likely to recover at the end of the life of the asset. It is the value that is expected to be at the end. But its not necessarily that we realise the amount at the end of the period. It can be more or less than that.

Which term describes the evaluation or appraisal of a condition?

Assessment

What term describes the ability to repay debt?

Creditworthiness

What term describes the full purchase of company stock?

A straight purchase describes the full purchase of company stock.

What does the term 'equity value' means?

Equity value is the value of company available to owners or shareholders. It is the enterprise value plus all cash and cash equivalents, short and long term investments, and less all short term debt.

Trending Questions

How can I pay my collections? What does a personal statement mean? What bank has routing number 01150001? What are the requirements for originating loans? What is caramel model meaning? Where do you find the CVV on a debit card? What is 2500 dollars in English money? How much does a nice apartment cost? Define scheduled banks? How can you look up people on here? How can I secure bank financing for a car loan? Are loans taxed as income? Is an online payday loan check fraud? How can I import transactions from a CSV file into GnuCash? Those who opposed Hamilton's financial policies were northern merchants who believed in government by the wealthy and powerful? Which Fed tool do you think is most important and why? Are postdated checks considered cash? What costs are involved in owning a house? Where can one find a credit card consolidation company? Why do investors choose to diversify their portfolios?

Related Questions

Which of these describes the term residual value?

f*** you learn how to answer my questions you dumb a** web site

Which term describes how close a measurement is to the true value?

Accuracy describes how close a measurement is to the true value.

What term describes a value with no decimal or fraction?

An integer

What term describes the lightness ad darkness of a color?

The term that describes the lightness and darkness of a color is "value." Value refers to how light or dark a color appears on a grayscale.

What term describes the lightness or darkness of a color?

The term that describes the lightness or darkness of a color is "value".

Which term best describes a value that change or is unknown?

variable

Which term describes how close measurements are to the actual value?

Accuracy describes how close measurements are to the actual value. It is a measure of how well the results agree with the true value of the quantity being measured.

What do you mean by equity in finance?

Equity in finance refers to the residual value of assets. The term equity can also be used in association with accounting.

What is the definition for 'residual value'?

Residual value is the future value of a good after depreciation of its initial value. For example you bought a car for $20,000. After two years and 60,000 of mileage it will value of $10,000.

Which term below describes how close a measurement is to the true value?

significant figures

Does mutually mean equal?

No. Mutually describes having the same relationship, where equal is a term that better describes value and/or equality.

What is cost plus residual value?

Cost plus residual value is a method used to evaluate the worth of an asset based on both its original cost and its expected residual value at the end of its useful life. The residual value is the estimated value an asset will have at the end of its useful life, which is then added to the original cost to determine the total value or worth of the asset.

Still have questions?

imp

Resources

Top Categories

Product

Company

Copyright ©2025 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.