Replacement value

(redirected from Cost of replacement)

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 ?
Tenders are invited for supply, erection, testing & commissioning for installation of roof top solar panel including maintenance for a period of five (5) years including power evacuation system and cost of replacement of all the parts, covered under guarantee period as provided in scope of work from the date of commissioning of rooftop grid connected solar photo voltaic (spv) systems in palwal circle of jurisdiction of dakshin haryana bijli vitran nigam (dhbvn) in the haryana state under integrated power development scheme (ipds) on turnkey basis.
Keep in mind the cost of repairs may rival the cost of replacement.
The cost of replacement submarines alone between 2011 and 2016 of PS350m.
NORMAN Lodge is thinking of buying an electric car, but is put off by the cost of replacement batteries.
In a letter to Defence Secretary Liam Fox, he raised questions about the need for continuous at-sea patrols in light of the threat to the UK and the high cost of replacement at a time of Whitehall belt-tightening.
Any yachts that damage equipment will be issued with a fine and will bear the cost of replacement.
Featuring the side of a Boeing it points out areas of typical damage and lists the cost of replacement or repair.
He is a member of the environment team, which persuaded the European parliament to curb ``scams'' used by manufacturers to keep the cost of replacement printer cartridges high.
And if it's down to the driver for failing to top up the oil sump the cost of replacement could be as high as pounds 7,000.
Mitsubishi, Hunt Valley, Maryland, USA, has reduced the cost of replacement corrugating rolls by as much as 35%, depending on roll size and model.
At about $3,000 per tube, the cost of replacement could approach $30 million.
According to the manufacturer, the two-stone honing system has been found to reduce the cost of replacement stones by as much as 50 percent.