REPLACEMENT COST

Pronunciation (US):

(GB):

IPA (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

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)