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"Replacement Cost"

From Gregory Boop,
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Definition: Replacement cost is a method of loss replacement where the dollar amount needed to replace damaged property is paid without deducting for depreciation. The term also refers to a policy that uses replacement cost as the method to pay for losses.

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User Agreement \| Ethics Policy \| Patent Info. \| Privacy Policy	©2008 About, Inc., A part of The New York Times Company. All rights reserved.

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"Replacement Cost"

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