{"id":2793,"date":"2021-05-04T12:34:13","date_gmt":"2021-05-04T10:34:13","guid":{"rendered":"https:\/\/www.sv-merker.de\/?p=2793"},"modified":"2021-12-14T09:24:33","modified_gmt":"2021-12-14T08:24:33","slug":"value-terminology-machinery","status":"publish","type":"post","link":"https:\/\/www.sv-merker.de\/en\/value-terminology-machinery\/","title":{"rendered":"Value Terminology Machinery"},"content":{"rendered":"<div id='full_slider_1'  class='avia-fullwidth-slider main_color avia-shadow  av-small-hide av-mini-hide  avia-builder-el-0  el_before_av_section  avia-builder-el-first   container_wrap fullsize' style=' '  ><div   data-size='featured_large'  data-lightbox_size='large'  data-animation='fade'  data-conditional_play=''  data-ids='2447'  data-video_counter='0'  data-autoplay='true'  data-bg_slider='false'  data-slide_height=''  data-handle='av_slideshow_full'  data-interval='5'  data-class=' '  data-el_id=''  data-css_id=''  data-scroll_down=''  data-control_layout='av-control-default'  data-custom_markup=''  data-perma_caption='aviaTBperma_caption'  data-autoplay_stopper=''  data-image_attachment=''  data-min_height='0px'  data-src=''  data-position='top left'  data-repeat='no-repeat'  data-attach='scroll'  data-stretch=''  data-default-height='42'  class='avia-slideshow avia-slideshow-1  av-control-default av-default-height-applied avia-slideshow-featured_large av_slideshow_full   avia-fade-slider '  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><ul class='avia-slideshow-inner ' style='padding-bottom: 42%;' ><li  class=' av-single-slide slide-1 ' ><div data-rel='slideshow-1' class='avia-slide-wrap '   ><img src='https:\/\/www.sv-merker.de\/wp-content\/uploads\/Glossar-Maschinenbewertung-1500x630.png' width='1500' height='630' title='Value Terminology Machinery' alt='Value Terminology Machinery'  itemprop=\"thumbnailUrl\"   \/><\/div><\/li><\/ul><div class = \"caption_fullwidth av-slideshow-caption caption_bottom\"><div class = \"container caption_container\"><div class = \"slideshow_caption\"><div class = \"slideshow_inner_caption\"><div class = \"slideshow_align_caption\"><div class='avia-caption-content  '  itemprop=\"description\"  ><p>Market value, fair market value or insurance value? When do you need the current market value in machinery valuation and how do you arrive at the insurance value? Value terminology for machinery in a glossary.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\n<div id='unterversicherung'  class='avia-section main_color avia-section-no-padding avia-no-border-styling avia-bg-style-scroll  avia-builder-el-1  el_after_av_slideshow_full  el_before_av_section   container_wrap fullsize' style='background-color: #e4e5e6;  '  ><div class='container' ><div class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-2793'><div class='entry-content-wrapper clearfix'>\n<div  style='height:40px' class='hr hr-invisible   avia-builder-el-2  el_before_av_textblock  avia-builder-el-first '><span class='hr-inner ' ><span class='hr-inner-style'><\/span><\/span><\/div>\n<section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock  '   itemprop=\"text\" ><h1>From acquisition value for<br \/>\nequipment to current value for machinery<br \/>\n<br class=\"avia-permanent-lb\" \/><\/h1>\n<p><em>4th May 2021 by P. Merker<\/em><\/p>\n<p>Market value, fair value or insured value? What distinguishes fair value from the time value of machinery? And what exactly is fair value?<\/p>\n<p>In valuation practice there are a multitude of different value terms &#8211; depending on the industry, depending on the purpose of the valuation, depending on the legal basis and context. The real estate appraiser knows different terms than the machinery appraiser. No wonder that companies are often not quite clear which value they need for what.<\/p>\n<p>Therefore, we have summarised all the essential terms and definitions from valuation practice in a glossary. We explain the three most important ones right here.<\/p>\n<p>And everything else is available by telephone!<\/p>\n<blockquote>\n<p><span style=\"color: #90111c;\">Here your find the glossery:<a style=\"color: #90111c;\" href=\"https:\/\/www.sv-merker.de\/wp-content\/uploads\/Wertbegriffe-bei-der-Maschinenbewertung-1.pdf\"> Value terminology in the machinery evaluation (in German)<\/a><\/span><\/p>\n<\/blockquote>\n<h2><br class=\"avia-permanent-lb\" \/>DEFINITION OF TIME VALUE MACHINES<\/h2>\n<p>The time or current value of machinery is calculated to obtain, for example, the opening balance sheet value of technical and commercial operating equipment. The current market value is therefore used for<\/p>\n<ul>\n<li>Company formations,<\/li>\n<li>Spin-off of subsidiaries or<\/li>\n<li>Transformations of corporate forms.<\/li>\n<\/ul>\n<p>The current value in this context is the condition of the asset for its intended use, assuming that the company will continue in the same manner. The diminished value existing between the new value and the current value is not determined by a depreciation rate; it is estimated according to the condition determined in particular by age and wear and tear.<\/p>\n<p>Our appraisals are recognised by the tax authorities as a basis for valuation.<\/p>\n<h2>DEFINITION OF NEW VALUE MACHINES<\/h2>\n<div class=\"flex_column av_one_full flex_column_div first avia-builder-el-41 el_after_av_hr avia-builder-el-last \">\n<section class=\"av_textblock_section \">\n<div class=\"avia_textblock \">\n<p>The new or replacement value is the replacement price for the item (in new condition) including all ancillary costs for procurement and assembly until it is ready for operation. In cases where the current value of an item is less than 40% of its new value, only the lower value (current value) applies.<\/p>\n<p>The value as new is required in particular for determining the correct sum insured.<\/p>\n<h2>DEFINITION OF MARKET VALUE MACHINES<\/h2>\n<p>The market value is defined in the Valuation Act (as the so-called common value according to \u00a79 BewG). This is determined according to the price that would be attainable in the ordinary course of business and depending on the nature of the asset in the event of a sale. All circumstances influencing the price are to be taken into account &#8211; but not unusual or personal circumstances. The market value assumes the continuation of the business &#8211; in contrast to the liquidation value.<\/p>\n<p>The correct determination of the market value requires extensive market knowledge and experience and is based on the observation of a sufficient number of current transactions on the market.<\/p>\n<p>You usually need the market value for purchases and sales or for financing purposes.<\/p>\n<div class=\"flex_column av_one_full flex_column_div first avia-builder-el-49 el_after_av_hr el_before_av_hr \">\n<section class=\"av_textblock_section \">\n<div class=\"avia_textblock \">\n<blockquote>\n<p><span style=\"color: #90111c;\">Here your find the glossery:<a style=\"color: #90111c;\" href=\"https:\/\/www.sv-merker.de\/wp-content\/uploads\/Wertbegriffe-bei-der-Maschinenbewertung-1.pdf\"> Value terminology in the machinery evaluation (in German)<\/a><\/span><\/p>\n<\/blockquote>\n<\/div>\n<\/section>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<\/div><\/section>\n\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='6'  class='avia-section main_color avia-section-no-padding avia-no-border-styling avia-bg-style-scroll  avia-builder-el-4  el_after_av_section  el_before_av_section   container_wrap fullsize' style=' '  ><div class='container' ><div class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-2793'><div class='entry-content-wrapper clearfix'>\n<div  style='height:100px' class='hr hr-invisible   avia-builder-el-5  el_before_av_one_fourth  avia-builder-el-first '><span class='hr-inner ' ><span class='hr-inner-style'><\/span><\/span><\/div>\n<div class=\"flex_column av_one_fourth  flex_column_div av-zero-column-padding first  avia-builder-el-6  el_after_av_hr  el_before_av_three_fourth  \" style='border-radius:0px; '><div  class='avia-image-container  av-styling-circle    avia-builder-el-7  avia-builder-el-no-sibling  avia-align-center '  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\"  ><div class='avia-image-container-inner'><div class='avia-image-overlay-wrap'><img class='avia_image' src='https:\/\/www.sv-merker.de\/wp-content\/uploads\/Ohne-Titel-1000-x-1500-px-2-300x300.png' alt='Philip Merker Expert for the appraisal of machinery and technical equipment' title='Philip Merker  Expert for the appraisal of machinery and technical equipment' height=\"300\" width=\"300\"  itemprop=\"thumbnailUrl\"  \/><\/div><\/div><\/div><\/div><div class=\"flex_column av_three_fourth  flex_column_div av-zero-column-padding   avia-builder-el-8  el_after_av_one_fourth  el_before_av_hr  \" style='border-radius:0px; '><section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock  '   itemprop=\"text\" ><p>Philip Merker, MBA<\/p>\n<div>\n<div>\n<div>\n<h2><a href=\"https:\/\/www.sv-merker.de\/en\/\">Merker Industriebewertungen<\/a><\/h2>\n<\/div>\n<section>\n<div>\n<p>Certified expert for the evaluation of machinery and technical equipment (DIN EN ISO \/ IEC 17024)<\/p>\n<p>Colonnaden 46, 20354 Hamburg<\/p>\n<p>Telephon +49 40 602 13 33<br \/>\n<a href=\"https:\/\/www.sv-merker.de\/en\/contact\/#contactform\">Email \u00adinfo@sv-merker.de<\/a><\/p>\n<\/div>\n<\/section>\n<\/div>\n<\/div>\n<\/div><\/section><\/div><div  style='height:100px' class='hr hr-invisible   avia-builder-el-10  el_after_av_three_fourth  avia-builder-el-last '><span class='hr-inner ' ><span class='hr-inner-style'><\/span><\/span><\/div>\n\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='av_section_3'  class='avia-section main_color avia-section-no-padding avia-no-border-styling avia-bg-style-scroll  avia-builder-el-11  el_after_av_section  avia-builder-el-last   container_wrap fullsize' style=' '  ><div class='container' ><div class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-2793'><div class='entry-content-wrapper clearfix'>\n<div class=\"flex_column av_one_full  flex_column_div av-zero-column-padding first  avia-builder-el-12  el_before_av_hr  avia-builder-el-first  \" style='border-radius:0px; '><\/div><div  style='height:10px' class='hr hr-invisible   avia-builder-el-14  el_after_av_one_full  avia-builder-el-last '><span class='hr-inner ' ><span class='hr-inner-style'><\/span><\/span><\/div>\n\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":5,"featured_media":2448,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[131,129,130,128],"tags":[],"class_list":["post-2793","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-relocation","category-financing","category-ma-en","category-property-insurance"],"_links":{"self":[{"href":"https:\/\/www.sv-merker.de\/en\/wp-json\/wp\/v2\/posts\/2793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sv-merker.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sv-merker.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sv-merker.de\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sv-merker.de\/en\/wp-json\/wp\/v2\/comments?post=2793"}],"version-history":[{"count":0,"href":"https:\/\/www.sv-merker.de\/en\/wp-json\/wp\/v2\/posts\/2793\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sv-merker.de\/en\/wp-json\/wp\/v2\/media\/2448"}],"wp:attachment":[{"href":"https:\/\/www.sv-merker.de\/en\/wp-json\/wp\/v2\/media?parent=2793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sv-merker.de\/en\/wp-json\/wp\/v2\/categories?post=2793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sv-merker.de\/en\/wp-json\/wp\/v2\/tags?post=2793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}