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replacement cost
(redirected from Replacement value)

    Also found in: Financial, Wikipedia 0.01 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.replacement cost - current cost of replacing a fixed asset with a new one of equal effectiveness
cost - the total spent for goods or services including money and time and labor
Translations
replacement cost n (Insurance) → costo della sostituzione
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Basic building data available today include construction type, building size, occupancy, fire protection, property replacement value and geocoded location.
Quality counts: high-caliber exposure data is the key to effective ... by Davis, George; Raichle, Bill / Best's Review
In a nutshell, the cost appraisal approach method is the process of estimating the property's replacement value.
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Grange paid the Petersons $193,000, which was the replacement value limit under their policy.
Cost guide software isn't perfect by Zalma, Barry / American Agent & Broker
 
 
 
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