substitution

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Related to substitutional: substitutional impurity, Substitutional alloy

substitution

In appraisal,the principle that the value of property may be determined by examining the sales prices of similar properties sold in the past.The theory is that a buyer would be indifferent to the substitution and either property would be acceptable.

References in periodicals archive ?
In particular, considering the tenets of stakeholder theory as applied to family firms, the benefits of pursuing family enrichment goals are often substitutional in nature.
Absorption bands due to isolated substitutional nitrogen were detected at 1344, 1332 and 1130 [cm.
Empirical dependencies are drawn in order to include estimation of substitutional dynamic stiffness of element.
Corrosion release of the several substitutional alloying elements from various titanium alloys used in dentistry have been widely known in literature.
Ultimately, the authors distinguish the two phenomena by arguing that radio has a complementary effect to recorded music sales, while illegal digital distribution is substitutional.
But with even minimal complexity, syntactic rules and substitutional variables will likely appear.
Double times thermal Green's function is used to obtain thermally averaged correlation functions and hence the observable quantities with the help of the modified model Hamiltonian taking into account anharmonic effects up to fourth order with substitutional defects and electric moment terms.
The first substitutional stage was the shrub Phillyreo angustifoliae-Arbutetum unedonis which formed the lower layer of the wood.
In the BINDB equation, we find the expected substitutional link between CEO ownership and outside board representation.
Mr Blakebrough, a member of the Advisory Council on the Misuse of Drugs, added: "If you look at it as a crime reduction measure obviously we have to do something about those people who are not suitable for substitutional treatments otherwise they will commit crime to sustain their habit.
However, the expected and forecasted increase in capital formation in the following years will probably not be so substitutional in relation to capital formation, due to the sharp increase in labour productivity which took place in 1999/2000 and its further natural limitations.