From Longman Business Dictionarybook profitˈbook ˌprofitACCOUNTINGFINANCE1a profit as shown in a company’s accountsPhilips will report a book profit of about Fl1,800 million on its sale of shares in TSM.2a profit not in actual money, but from the increase in the value of an assetSYNPAPER PROFITIf the land was revalued and stated in the balance sheet at its current price, this would result in the company making a book profit. → profit
