Net realizable value
Net realizable value means the net amount the lender would expect to be realized from the acquisition and subsequent sale or disposition of a loan's underlying collateral. Generally, net realizable value is equal to the estimated selling price in the ordinary course of business, less estimated costs of acquisition, completion, and disposal.
Source
12 CFR § 621.2
Scoping language
For the purposes of this part, the following definitions shall apply: