Actual cash value is a method used to calculate the value of insured property. Here’s how it works and how it differs from replacement cost value.At-A-Glance Actual cash value is a method of valuing insured property to determine the amount the insurer will reimburse you in the event of ...
Actual cash value is the most common type of coverage for personal belongings. This includes things like laptops, appliances, electronics, furniture, books, clothes and other belongings. Suppose a computer you bought for $2,000 two years ago is stolen, and you file a claim with your insurer...
Define Actual cash value. Actual cash value synonyms, Actual cash value pronunciation, Actual cash value translation, English dictionary definition of Actual cash value. abbr. 1. actual cash value 2. air-cushion vehicle American Heritage® Dictionary o
actual cash value.A definition of the term "actual cash value" is presented. It refers to the amount of money, less depreciation, that it would cost to replace something damaged beyond repair with a comparable item.EBSCO_bspBloomsbury Business Library Business & Management Dictionary...
Actual cash value is a term used to indicate the market value of your car given its current age and condition. This term is primarily used in the insurance industry but can be used for other things as well. It is used to determine how much money would be needed to replace your car wit...
In property and auto physical damage insurance, actual cash value (ACV) is one of several possible methods of establishing the value of insured property to determine the amount the insurer will pay in the event of loss.
4) the achieve of International value 国际价值的实现5) Marginal Value of Cash 现金边际价值 1. How much do shareholders valuate the extra yuan of corporate(that is,the Marginal Value of Cash),which factors will affect the marginal value of cash,both of which are parts of the economic ...
The meaning of ACTUAL CASH VALUE is money equal to the cost of replacing lost, stolen, or damaged property after depreciation.
1) actual cash value 实际现金价值 2) practice 实际 1. Making an approach to bearing education about integrating theory withpractice; 理论联系实际在轴承教学中的探讨 2. The model of combining theory withpractice——In commeoration of the 100th anniversary of comrade Deng Xiaoping s birth; ...
Actual cash value is the amount equal to the replacement cost minus depreciation of a damaged or stolen property at the time of the loss.