What does the term mean for the amount that remains after all assets of a business have been sold and liabilities paid?

The term that refers to the amount remaining after all assets of a business have been sold and its liabilities paid is known as liquidation value. This concept is crucial in real estate and business contexts, as it indicates the actual cash that an owner would have left in hand after fulfilling all obligations.

Liquidation value often comes into play during a business closure or bankruptcy process, where assets are converted to cash. It can help determine how much an investor might expect to receive from the sale of a company's assets in a distressed scenario. This figure is typically less than the total asset value because it considers the potential discounts needed to sell the assets quickly.

Market value, book value, and trade-in value, while important financial concepts, do not specifically address the condition of selling assets and settling debts to find the remaining value for owners. Each of these terms is useful in different contexts, such as assessing the fair market price of an asset or understanding the recorded value of an asset on a company's balance sheet but does not convey the same finality or context as liquidation value does.