Actual Cash Value

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Actual Cash Value

Cost of replacing a property with another of the same kind and in similar condition. Calculated as the replacement cost less depreciation.

Actual Cash Value

In insurance, the cost to the insurance company to replace a good covered by a policy. The actual cash value is the original cost of the good, less depreciation and obsolescence. In order to receive coverage for a good's actual market value, that good must be listed specifically in the insurance policy. The actual cash value is related to a good's market value.
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increase in Actual Cash Values ("ACVs") without a corresponding or
Among these risks are: conducting business pursuant to the purchase agreement method of sale; fluctuations in the actual cash value of salvage vehicles; the ability to successfully renegotiate existing purchase agreement contracts; the quality and quantity of inventory available from suppliers; the ability to pass through increased towing costs; that vehicle processing time will improve; that the Company's towing business will reach forecasted levels of profitability; legislative or regulatory acts, changes in the market value of salvage; competition; the availability of suitable acquisition candidates; the ability to bring new facilities to expected earnings targets; dependence on key insurance company suppliers; and the level of energy and labor costs.