What is the definition of Replacement value? | Dictionary.net

REPLACEMENT VALUE

\ɹɪplˈe͡ɪsmənt vˈaljuː], \ɹɪplˈe‍ɪsmənt vˈaljuː], \ɹ_ɪ_p_l_ˈeɪ_s_m_ə_n_t v_ˈa_l_j_uː]\

Definitions of REPLACEMENT VALUE

2010 - Legal Glossary Database

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What it would cost to buy a particular item from a retail vendor, considering its age and condition -- for instance, to buy a car from a used car dealer, furniture from a used furniture shop,or electronic equipment on eBay.

2010 - Legal Glossary Database
By Oddity Software

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