| / English Dictionary |
REPLACEMENT COST
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
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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