Net realisable value

[Ernesto]

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.)

[Mark Zuckerberg]

the value of an asset if it were sold, after all the costs of selling it have been paid:

[Marquetta]

Net realizable value is the estimated selling price of goods, minus the cost of their sale or disposal. It is used in the determination of the lower of cost or market for on-hand inventory items. Thus, the use of net realizable value is a way to enforce the conservative recordation of inventory asset values.