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replacement cost

NOUN
  1. current cost of replacing a fixed asset with a new one of equal effectiveness

How To Use replacement cost In A Sentence

  • The cost of simply getting a quote or estimate for its repair will likely amount to a fair percentage of the replacement cost.
  • Bovard estimated a minimum of 10,000 volumes were flooded, at a replacement cost of $ 10 million.
  • Within the Ministry, there had been some pressure for the explicit adoption of replacement cost depreciation conventions.
  • What is the current replacement cost of these assets?
  • The cost of simply getting a quote or estimate for its repair will likely amount to a fair percentage of the replacement cost.
  • Canada only charges loggers for timber replacement costs in the vast national forests and does not take bids for the timber, as the U.S. does.
  • The company doesn't charge customers for replacements but instead assumes the replacement costs, which come to about $110,000 annually.
  • Within the Ministry, there had been some pressure for the explicit adoption of replacement cost depreciation conventions.
  • Within the Ministry, there had been some pressure for the explicit adoption of replacement cost depreciation conventions.
  • This is known as replacement cost accounting as opposed to historic cost accounting when the original cost is retained.
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