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单词 actual cash value
释义 DictionarySeeACV

Actual Cash Value


Actual Cash Value

The fair or reasonable cash price for which a property could be sold in the market in the ordinary course of business, and not at forced sale. The price it will bring in a fair market after reasonable efforts to find a purchaser who will give the highest price. What property is worth in money, allowing for depreciation. Ordinarily, actual cash value, fair market value, and market value are synonymous terms.

Actual Cash Value


Actual Cash Value

Cost of replacing a property with another of the same kind and in similar condition. Calculated as the replacement cost less depreciation.

Actual Cash Value

In insurance, the cost to the insurance company to replace a good covered by a policy. The actual cash value is the original cost of the good, less depreciation and obsolescence. In order to receive coverage for a good's actual market value, that good must be listed specifically in the insurance policy. The actual cash value is related to a good's market value.
See ACV
See AN/UYS-2 COTS Variant
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更新时间:2024/11/13 21:22:23