In the case of inventories or equipment,what is the amount that could be realized from an auction or quick sale called?

Name: In the case of inventories or equipment,what is the amount that could be realized from an auction or quick sale called?
Brand: Quizplus
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Quizplus · Accepted Answer

Liquidation value refers to the amount that could be obtained from an urgent sale, such as an auction or quick sale. This value may be lower than the fair market value, as the urgency of the sale may result in lower prices.

In the Case of Inventories or Equipment,what Is the Amount