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 ?
Appellant asserts that the court erred by finding that the commonwealth proved the fair market replacement value of the Bizerba scale.
In order to apply the optimal replacement value to the FG-FFT algorithm, we first define the optimal replacement of Green's function:
He explained that using the replacement value would save approximately 5% of the amounts due from hotels in the Red Sea and South Sinai.
The problem is replacement value is usually not based upon the cost to repair after a casualty like a fire or windstorm or flood, but to build new with all of the savings that occur when there is no need to demolish damaged parts of the building, when you can take on the economies of scale because most builders build more than one building at a time.
All of the rules listed below interplay with one another, eventually shaping the replacement value.
There is no extra cost to the customer for FRV coverage, but the claim must be filed directly with the TSP within nine months of delivery to receive Full Replacement Value. The TSP will settle the claim by repairing or paying to repair damaged items, and by replacing or paying Full Replacement Value for items that have been lost or destroyed.
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.
In the new program, a member is entitled to the current replacement value of the item.
FULL replacement value for lost or damaged items is among several changes to take effect in October as part of a new program called Families First.
She told Cook that the two samplers "are both museum pieces" with a combined insurance replacement value of $1,500 to $2,000, maybe more.
It also offers a replacement value, in that it is possible to do without a variety of hardware and software products that usually need to be bundled for synchronous and asynchronous replication, snapshotting and disk-based CDP.
The hotel has a $23 million replacement value. The Royal Arkansas Hotel & Suites is jointly owned by Turner Hughes Corp.