The Ultimate Legal Dictionary
PracticePanther compiled a list of the legal terms and definitions every
attorney, paralegal, and law student needs to know when running a law firm.
Abandonment Value
DEFINITION
The abandonment value of an asset or project is the cash value of that asset or project if it is discontinued and liquidated. If the cash value realized by abandonment is greater than the value of the asset or project going forward the asset or project should be abandoned.
NEXT 3 LEGAL TERMS
Have a question? Give us a call: (800) 856-8729
Mobile Apps
