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Definition
Book value or account balance.
colloquialmoneywork
How it's used
Refers specifically to figures as they appear in financial records or accounting books, rather than actual cash flow or physical assets. It is frequently used to contrast the theoretical value of an investment or business performance with reality. The term carries a sense of formality despite being used in casual business discussions.
Examples
Related words
Common mistake
Do not confuse this with actual cash on hand, as it only represents the value recorded in the books. It is often used to highlight that a profit or loss is only on paper and might not reflect the current market situation.
Grammar color guide
Noun
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Classifier
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Grammar guides
- In 30 secondsThe whole language at a glance. No tenses, no plurals, six tones, sentence particles. Read this before you dive into any specific topic.
- ParticlesSentence particles add tone, emotion, and nuance. Learn the most common particles in Cantonese and how to use them.
- Possession (嘅)How to say my, your, and his, and how to link a describing word to a noun, all with the little word 嘅 (ge3).



