| 单词 | replacement cost |
| 释义 | replacement cost replacement cost (also cost of replacement, replacement value) noun [U,C]
1 (Accounting ) the cost of replacing an asset, calculated by considering the cost of buying or producing the same item today: The cost of maintaining our computer systems is now higher than the replacement cost. ⇨ CURRENT COST
2 (Insurance ) the cost of replacing an item of property with a new one of the same type and quality |
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