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REPLACEMENT COST

Pronunciation (US):

Dictionary entry overview: What does replacement cost mean?

• REPLACEMENT COST (noun)
The noun REPLACEMENT COST has 1 sense:

1. current cost of replacing a fixed asset with a new one of equal effectiveness

Familiarity information: REPLACEMENT COST used as a noun is very rare.

Dictionary entry details

• REPLACEMENT COST (noun)

Sense 1

replacement cost ^{[BACK TO TOP]}

Meaning:

Current cost of replacing a fixed asset with a new one of equal effectiveness

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("replacement cost" is a kind of...):

cost (the total spent for goods or services including money and time and labor)

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Related FAQs:

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