Definition: Written-down (net) value of a fixed asset

Category: SNA 1993

The written-down (net) value of a fixed asset is the actual or estimated current purchaser's price of a new asset of the same type less the cumulative value of the consumption of fixed capital accrued up to that point in time. http://ec.europa.eu/eurostat/ramon/statmanuals/files/SNA_1993_EN.pdf