What is the meaning of replacement cost?

noun

  • Current cost of replacing a fixed asset with a new one of equal effectiveness. .
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). replacement cost. Retrieved September 22, 2026, from http://smartdefine.org/replacement_cost/definitions/1242727
ChicagoWordNet. 2010. "replacement cost" http://smartdefine.org/replacement_cost/definitions/1242727 (accessed September 22, 2026).
HarvardWordNet 2010, replacement cost, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/replacement_cost/definitions/1242727>.
MLAWordNet. "replacement cost" 23 October 2010. Web. 22 September 2026. <http://smartdefine.org/replacement_cost/definitions/1242727>
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