Tangible book value
AccountingBook value with goodwill and intangible assets removed.
In plain terms
The conservative floor. Goodwill is the premium paid in past acquisitions, and it goes if those disappoint.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 1 term
Book value with goodwill and intangible assets removed.
The conservative floor. Goodwill is the premium paid in past acquisitions, and it goes if those disappoint.