What is Net Realisable Value?
1.
The price of a sellable item (highest at which it can be sold at) less the cost of bringing it to the point of sale (repairs, delivery etc.)
The computer is worth £X, but repairing it will cost £Y, and delivery costs and admin will be £Z.
Net realisable value is £X-(Y+Z)
Random Words:
1.
The act of wearing a flashing red bike light on the collar of your shirt in a similar manner to a bow-tie.
"I am going to a rave t..