replacement cost is the construction cost at current prices of a property that is not necessarily an exact duplicate of the subject property but serves the same purpose or function as the original.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). replacement cost. Retrieved September 22, 2026, from http://smartdefine.org/replacement_cost/definitions/1162249 |
| Chicago | Barry Goldsmith. 2010. "replacement cost" http://smartdefine.org/replacement_cost/definitions/1162249 (accessed September 22, 2026). |
| Harvard | Barry Goldsmith 2010, replacement cost, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/replacement_cost/definitions/1162249>. |
| MLA | Barry Goldsmith. "replacement cost" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/replacement_cost/definitions/1162249> |