Replacement value


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Replacement value

Current cost of replacing the firm's assets.

Replacement Value

The cost of replacing an asset in the case that it is damaged or destroyed. That is, the replacement value changes according to the market value of the asset. An individual or company may buy a replacement cost insurance policy to cover the replacement value. It is also called the replacement cost.
References in periodicals archive ?
He explained that using the replacement value would save approximately 5% of the amounts due from hotels in the Red Sea and South Sinai.
An extensive database of property-specific commercial and residential building information, including geocoded location, building replacement value and building characteristics such as construction, occupancy, year built, building height and more also has been developed.
This is a common feature of La Farge and Tiffany windows, giving them a 25:1 replacement value compared to simple leaded glass.
mil, click "Personal Property/POV" in the upper right-hand corner, and under "Quick Links" at the right of the page, click "Full Replacement Value Information.
The FCI (see step #8 above) is the doLlar vaLue of a One-Year Deferred Maintenance Backlog divided by the current replacement value (CRV) of the building.
A product designed to gauge home replacement values has recently been made available to insurers by Simultaneous Solutions.
The true investment in an asset at the end of a time period should include the increase in value over previous time periods as part of the replacement value.
The issues related to LIFO can only be understood in the context of two broad theories about useful measures of the cost and value of goods sold: historical cost and replacement value.
Be sure the company you choose will reimburse you for the replacement value of your property rather than the property's current value, which is usually lower.
Regardless of which resource you use to calculate the replacement value of your real property, it is vitally important to carry insurance to value.
The Q ratio is a Nobel Prize-winning set of insights that examines the replacement value of corporate assets and compares them with-the-value of corporate stock.
The company argued that the value should be based on the replacement value of the products, producing no built-in gain.