physical value
- noun
- Specialized
- An appraisal determined that the physical value of the equipment was significantly less due to depreciation.
Examples
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The physical value of the building was assessed after accounting for years of wear and tear.
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Insurance claims often reference the physical value rather than the market value of assets.
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The physical value of the asset decreased over time.
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What is the physical value of this equipment?
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An appraisal determined that the physical value of the equipment was significantly less due to depreciation.
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Insurance claims often reference the physical value rather than the market value of assets.
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The physical value of the building was assessed after accounting for years of wear and tear.
Synonyms
An amount equal to a stated sum like five dollars
An estimate of how much something is worth
How much money something is worth
The amount of money something is worth when it is bought or sold
The value of an asset on a company's balance sheet equals its cost minus how much it loses in value
Money needed to make an exact copy of a building or item after reducing for loss in value
How Valuable
Surface Forms
Morphology
The combination of 'physical' (tangible) and 'value' (worth) yields a directly interpretable sense — the worth of a physical/tangible thing — so a B1 learner knowing both words would grasp the general idea. However, the precise accounting sense given (cost to reproduce minus depreciation) is specialized and not fully predictable from the constituents, making the phrase only partially transparent to average learners.
Etymology
The noun physical value comes from the idea of an item's 'real' cost: physical means the actual object and value means how much it would cost to make or buy it again. People often count that cost after taking away what the item lost from age and use, so 'physical value' means the real amount to replace an item rather than its 'market price'.