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replacement cost basis

re·place·ment cost ba·sis
R r

Transcription

    • US Pronunciation
    • US IPA
    • [ri-pleys-muh nt kawst, kost bey-sis]
    • /rɪˈpleɪs mənt kɔst, kɒst ˈbeɪ sɪs/
    • US Pronunciation
    • US IPA
    • [ri-pleys-muh nt kawst, kost bey-sis]
    • /rɪˈpleɪs mənt kɔst, kɒst ˈbeɪ sɪs/

Definition of replacement cost basis words

  • noun replacement cost basis Replacement cost basis is a method of valuing insured property in which the cost of replacing property is calculated without a reduction for depreciation. 0

Information block about the term

Parts of speech for Replacement cost basis

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation

replacement cost basis popularity

A common word. It’s meaning is known to most children of preschool age. About 93% of English native speakers know the meaning and use the word.
Most Europeans know this English word. The frequency of it’s usage is somewhere between "mom" and "screwdriver".

See also

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