scrap value

Discarded material's price

Scrap value is what something is worth when sold for its raw materials rather than its original purpose—the price a junked car fetches for its metal, or obsolete machinery sold by weight.

In accounting, it's the estimated residual value of an asset at the end of its useful life: The equipment has a scrap value of about two thousand dollars.

Related

raw material · recycling · scrapyard · copper · wreck · total loss · demolition · end of life · crush · shred · aluminum · steel · tonnage · melt · dismantle · wrecking · hulk · remnant

Categories
Opposites
valuation basis

scrap valuereplacement value

Current cost to replace

retail value · new value · replacement cost · book value · market value

market position

scrap valueretail price

Consumer purchase amount

list price · full price · retail value · sticker price · asking price

Family

scrap, value, scraps, scrapped, scrapping, scrappy, scrapper, values, valued

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Everyday, not technical · Rated G