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Meaning of "replacement value" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF REPLACEMENT VALUE

replacement value  [rɪˈpleɪsmənt ˈvæljuː] play
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GRAMMATICAL CATEGORY OF REPLACEMENT VALUE

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Replacement value is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES REPLACEMENT VALUE MEAN IN ENGLISH?

Replacement value

The term replacement cost or replacement value refers to the amount that an entity would have to pay to replace an asset at the present time, according to its current worth. In the insurance industry, "replacement cost" or "replacement cost value" is one of several method of determining the value of an insured item. Replacement cost is the actual cost to replace an item or structure at its pre-loss condition. This may not be the "market value" of the item, and is typically distinguished from the "actual cash value" payment which includes a deduction for depreciation. For insurance policies for property insurance, a contractual stipulation that the lost asset must be actually repaired or replaced before the replacement cost can be paid is common. This prevents overinsurance, which contributes to arson and insurance fraud. Replacement cost policies emerged in the mid-20th century; prior to that concern about overinsurance restricted their availability. Replacement cost coverage is designed so the policyholder will not have to spend more money to get a similar new item and that the insurance company does not pay for intangibles.

Definition of replacement value in the English dictionary

The definition of replacement value in the dictionary is the cost of replacing.

WORDS THAT RHYME WITH REPLACEMENT VALUE


CDW
ˌsiːdiːˈdʌb əljuː
curlew
ˈkɜːljuː
devalue
diːˈvæljuː
disvalue
dɪsˈvæljuː
eigenvalue
ˈaɪɡənˌvæljuː
lew
ljuː
lieu
ljuː
misvalue
ˌmɪsˈvæljuː
MSW
ˌɛmɛsˈdʌbljuː
outvalue
ˌaʊtˈvæljuː
overvalue
ˌəʊvəˈvæljuː
revalue
riːˈvæljuː
transvalue
trænzˈvæljuː
UAW
ˌjuːeɪˈdʌbəljuː
UCW
ˌjuːsiːˈdʌbljuː
UMW
ˌjuːemˈdʌbəljuː
undervalue
ˌʌndəˈvæljuː
upvalue
ʌpˈvæljuː
UPW
ˌjuːpiːˈdʌbljuː
value
ˈvæljuː

WORDS THAT BEGIN LIKE REPLACEMENT VALUE

replace
replaceability
replaceable
replacement
replacement cost
replacement engine
replacement part
replacer
replan
replant
replantation
replaster
replate
replay
replead
repleader
repledge
replenish
replenishable
replenisher

WORDS THAT END LIKE REPLACEMENT VALUE

absolute value
acid value
added value
asset value
book value
calorific value
expected value
face value
food value
market value
net asset value
nominal value
par value
place-value
present value
Q value
resale value
salue
store of value
surrender value
time value

Synonyms and antonyms of replacement value in the English dictionary of synonyms

SYNONYMS

Translation of «replacement value» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF REPLACEMENT VALUE

Find out the translation of replacement value to 25 languages with our English multilingual translator.
The translations of replacement value from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «replacement value» in English.

Translator English - Chinese

重置价值
1,325 millions of speakers

Translator English - Spanish

valor de reposición
570 millions of speakers

English

replacement value
510 millions of speakers

Translator English - Hindi

प्रतिस्थापन मूल्य
380 millions of speakers
ar

Translator English - Arabic

قيمة الاستبدال
280 millions of speakers

Translator English - Russian

стоимость замещения
278 millions of speakers

Translator English - Portuguese

valor de substituição
270 millions of speakers

Translator English - Bengali

প্রতিস্থাপন মান
260 millions of speakers

Translator English - French

valeur de remplacement
220 millions of speakers

Translator English - Malay

Nilai penggantian
190 millions of speakers

Translator English - German

Wiederbeschaffungswert
180 millions of speakers

Translator English - Japanese

再取得価額
130 millions of speakers

Translator English - Korean

대체 값
85 millions of speakers

Translator English - Javanese

Penggantian nilai
85 millions of speakers
vi

Translator English - Vietnamese

giá trị thay thế
80 millions of speakers

Translator English - Tamil

மாற்று மதிப்பு
75 millions of speakers

Translator English - Marathi

पुनर्स्थापनेसाठी मूल्य
75 millions of speakers

Translator English - Turkish

Değiştirme değeri
70 millions of speakers

Translator English - Italian

valore di sostituzione
65 millions of speakers

Translator English - Polish

wartość odtworzeniowa
50 millions of speakers

Translator English - Ukrainian

вартість заміщення
40 millions of speakers

Translator English - Romanian

valoarea de înlocuire
30 millions of speakers
el

Translator English - Greek

αξία αντικατάστασης
15 millions of speakers
af

Translator English - Afrikaans

vervangingswaarde
14 millions of speakers
sv

Translator English - Swedish

återanskaffningsvärde
10 millions of speakers
no

Translator English - Norwegian

erstatningssummen
5 millions of speakers

Trends of use of replacement value

TRENDS

TENDENCIES OF USE OF THE TERM «REPLACEMENT VALUE»

The term «replacement value» is quite widely used and occupies the 44.649 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Quite widely used
79
/100
The map shown above gives the frequency of use of the term «replacement value» in the different countries.
Principal search tendencies and common uses of replacement value
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «replacement value».

FREQUENCY OF USE OF THE TERM «REPLACEMENT VALUE» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «replacement value» during the past 500 years. Its implementation is based on analysing how often the term «replacement value» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about replacement value

EXAMPLES

10 ENGLISH BOOKS RELATING TO «REPLACEMENT VALUE»

Discover the use of replacement value in the following bibliographical selection. Books relating to replacement value and brief extracts from same to provide context of its use in English literature.
1
Engineering Principles and Practices for Retrofitting ...
Building Replacement Value ($/sf) Total Building Replacement Value Demolition Threshold GREEN Block (Data Input). Building Replacement Value ($/sf) is a measure of the economic value of the building, including the structural and ...
Federal Emergency Management Agency, 2001
2
Damages in International Investment Law
Asset-based methods are more useful when there is a need to compensate for the loss of individual assets, such as equipment, buildings, inventory, plots of land, etc. 6.2.4(a) Replacement value Explanation The replacement value of an asset ...
Sergey Ripinsky, 2008
3
Bankruptcy and Debtor/creditor: Examples and Explanations
The Court suggested that in calculating the replacement value, it may be appropriate to deduct the seller's costs of sale because the debtor already owned the truck and would not actually be buying it. The opinion in Rash was confined to the ...
Brian A. Blum, 2006
4
The Other Philadelphia Story: How Local Congregations ...
down of what we mean by replacement value and for how we determined estimated costs of programs.) We aggregated all program income to the congregation, both cash and in-kind, and deducted this from the total estimated cost to obtain ...
Ram A. Cnaan, Stephanie C. Boddie, Stephanie Boddie, 2011
5
The German Law of Torts: A Comparative Treatise
The Senate endorses the view that in cases in which—as here—the victim actually has repairs carried out, in making the comparison with the obtaining of a replacement,the replacement value need not generally be reduced by the residual ...
B. S. Markesinis, Hannes Unberath, 2002
6
U.S. Geological Survey Professional Paper
In addition, we present a scheme for estimating expected replacement value of damage to wood-frame construction as the result of any hypothesized California earthquake. This scheme is shown to agree with published values of losses from  ...
‎1981
7
The Code of Federal Regulations of the United States of America
(ii) In determining the replacement value of the process unit; and, except as otherwise allowed under paragraph (cc)(l)(iii) of this section, the owner or operator shall determine the replacement value of the process unit on an estimate of the ...
‎2005
8
Evaluating Mineral Projects: Applications and Misconceptions
The rationale behind this approach is that purchasing an asset at less than its replacement value (i.e., the amount it would cost to ... A poor mine and plant with obsolete technology is no bargain even at a cost below its replacement value.
Thomas F. Torries, 1998
9
Tax Memo 2005-2006
Where the recipient of a return of value makes a corresponding payment of replacement value to the payer, the two items may be matched and relief will not be withdrawn. A return of value may only be matched with replacement value if the ...
‎2005
10
Personal Finance
The second is supplemental coverage for the dwelling unit to protect the condominium owner if the building is not sufficiently insured. replacement-cost requirement Stipulates that a home must be insured for 80 percent of its replacement value ...
E. Thomas Garman, Raymond Forgue, 2007

10 NEWS ITEMS WHICH INCLUDE THE TERM «REPLACEMENT VALUE»

Find out what the national and international press are talking about and how the term replacement value is used in the context of the following news items.
1
Insurance confusion may leave jewellery theft victims underpaid
If the experts can't agree the correct way to value vintage jewellery, what hope do the rest ... Unlike replacement value's poor cousin, indemnity value, the valuer ... «Stuff.co.nz, Jul 15»
2
Appraisal is best way to get item's full value
So you can understand my dismay that the “replacement value” increases by a fixed amount each year along with the premium — it does not truly cover the cost ... «Boston Globe, Jan 15»
3
Obtaining the Right Jewelry Appraisal
After the commercial, we see the expert tell them that the replacement value of the ring is $20,000, and everyone watching says, “Jackpot! Wow, what a find! «U-T San Diego, Oct 14»
4
Silver Bay Realty: Buying Below Replacement Value (SBY)
In that regards, it still leaves out the replacement costs to build a similar house and what most real estate investors see as the true value of a house in a ... «Seeking Alpha, Sep 14»
5
What's All the Land in America Worth?
Here we learn that corporate America owns $9.867 trillion of real estate and that the replacement value of the structures on it is about $8.109 trillion. Subtract ... «Slate Magazine, Dec 13»
6
Replacement value means different things for insurance companies.
Great discussions are par for the course here on Lifehacker. Each day, we highlight a discussion that is particularly helpful or insightful, along with other great ... «Lifehacker, Aug 13»
7
Inventory That Bling: Establishing Accurate Replacement Values
Editor's Note: This article has been provided by Dan Farrell, a consultant for Enservio and the Consulting Producer for the PBS' "Antiques Roadshow" TV series. «PropertyCasualty360, Mar 13»
8
Replacement value even in cases of non-reconstruction?
What is interesting about this decision is the discussion on the right to replacement value. The insureds had an insurance policy which included a replacement ... «Lexology, Jul 12»
9
Joe Rosson: Fair market value not same as replacement value
Joe Rosson: Fair market value not same as replacement value ... Let me put B. P.'s mind at rest up front by saying the news about value is not bad, but first I want ... «Knoxville News Sentinel, Dec 11»
10
Fantasy Focus: Replacement Value
There is perhaps no more important parameter than replacement value. While most parameters are set explicitly in the rules, replacement value is set implicitly ... «New York Times, Mar 11»

REFERENCE
« EDUCALINGO. Replacement value [online]. Available <https://educalingo.com/en/dic-en/replacement-value>. Apr 2024 ».
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