The orderly liquidation value (OLV) is typically part of an appraisal of hard tangible assets (i.e., equipment). It is an estimate of the gross amount that the tangible assets would fetch in an auction-style liquidation with the seller needing to sell the assets on an “as-is-where-is” basis. The term orderly implies that the liquidation would allow for a reasonable time to identify all available buyers and the seller would have control of the sale process.
