Business, Legal & Accounting Glossary
A measure of current value which estimates the cost of replacing an asset or liability at the date of the balance sheet. Justified by reference to value to the business.
The current terms cost of replacing one fixed asset with another.
replacement value, cost of replacement, cost of replacing, cost of the replacement, exposure
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This glossary post was last updated: 26th April, 2020 | 0 Views.