actual cash value
Insurance. 1. Replacement cost minus normal depreciation. [Cases: Insurance 2181. C.J.S. Insurance §§ 1085, 1105.] 2. See fair market value.
Search Results for: replacement cost
重置成本
重置成本 英语：replacement cost 法语：coût de remplacement 德语：Wiederbeschaffungspreis 意大利语：costo di rimpiazzo, costo di sostituzione 西班牙语：coste de sustitución
economic loss
A monetary loss such as lost wages or lost profits. • The term usu. refers to a type of damages recoverable in a lawsuit. For example, in a products-liability suit, economic loss includes the cost of repair or replacement of defective property, as well as commercial loss for the property’s inadequate value and consequent loss
depreciation
depreciation (di-pree-shee-ay-sh[schwa]n), n. A decline in an asset’s value because of use, wear, or obsolescence. Cf. APPRECIATION; AMORTIZATION(2). — depreciate, vb. — depreciable, adj. accumulated depreciation. The total depreciation currently recorded on an asset. • On the balance sheet, an asset’s total cost less accumulated depreciation reflects the asset’s book value. — Also termed accrued
economic loss
economic loss. A monetary loss such as lost wages or lost profits. • The term usu. refers to a type of damages recoverable in a lawsuit. For example, in a products-liability suit, economic loss includes the cost of repair or replacement of defective property, as well as commercial loss for the property’s inadequate value and