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Guaranteed replacement cost coverage insurance
The financial definition for Guaranteed replacement cost coverage insurance:
A policy that covers the full cost of replacing damaged property without any allowances or deductions, e.g., depreciation.
Similar MatchesReplacement ChainReplacement Chain A concept that views a capital investment as an indefinite commitment to a specific type of technology. The ../../finance-glossary/ment chain concept can be used to allow the comparison of mutually exclusive investments with unequal lives.
Replacement chain problemReplacement chain problem Idea that future ../../finance-glossary/ment decisions must be taken into account in selecting among projects.
Replacement cost accountingReplacement cost accounting An accounting method that includes as part of depreciation the difference between the original purchase price of an asset and the current ../../finance-glossary/ment cost.
Further Suggestions Replacement cost insurance
Replacement cycle
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