book value – n : finance/accounting term; the balance of an account, such as the property, plant and equipment, or equity accounts, shown on the accounting books of a company. For example, the book value of equity equals the amount of equity contributed to a company, through purchases of common or preferred stock, plus the accumulated net income (or loss) of the company. The startup manager should note that book value of equity is not necessarily an accurate measure of the valuation of your company.

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Adapted from "The CompanyCrafters Entrepreneur's Dictionary"
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