Financial Dictionary

This dictionary contains:
24549
financial terms

Replacement cost insurance




Replacement cost insurance

Insurance that pays out the full amount required to replace damaged property with new property, without taking into account the depreciated value of the property.

RELATED TERMS
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Insurance
A contract in which payment of premiums covers the insured against something which may, or may not occur.

Full
Handle.

Property
A legally owned possession or real estate.

Without
Indicates a one-way market if 70 were bid in the market and there was no offer, the quote would be "70 bid without.".

Account
1) In the context of bookkeeping, refers to the ledger pages upon which various assets, liabilities, income, and expenses are represented. 2) In the context of investment banking, refers to the status of securities sold and owned or the relationship between parties to an underwriting syndicate. 3) In the context of securities, the relationship between a client and a broker/dealer firm allowing the firm's employee to be the client's buying and selling agent.

Value
The worth or desirability of something expressed as an amount of money.



SIMILAR TERMS
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Replacement chain
A concept that views a capital investment as an indefinite commitment to a specific type of technology. The replacement chain concept can be used to allow the comparison of mutually exclusive investments with unequal lives.

Replacement chain problem
Idea that future replacement decisions must be taken into account in selecting among projects.

Replacement cost
Cost to replace a firm's assets.

Replacement cost accounting
An accounting method that includes as part of depreciation the difference between the original purchase price of an asset and the current replacement cost.

Replacement cycle
The frequency with which an asset is replaced by an equivalent asset.

REPLACEMENT PARTS EMPLOYEES Credit Union
REPLACEMENT PARTS EMPLOYEES is a credit union with head office in LITTLE ROCK, AR

Replacement risk
A type of risk resulting from a situation in which the holder of a contract knows that the counter party will be unable to meet the terms of a contract, and thus a new replacement contract will have to be entered into.

Replacement value
Current cost of replacing the firm's assets.

Replicating portfolio
A portfolio constructed to match an index or benchmark.



PREVIOUS AND NEXT TERMS
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Repayment
Partial settlement of a debt (perhaps at monthly or quarterly intervals).

Replacement chain
A concept that views a capital investment as an indefinite commitment to a specific type of technology. The replacement chain concept can be used to allow the comparison of mutually exclusive investments with unequal lives.

Replacement chain problem
Idea that future replacement decisions must be taken into account in selecting among projects.

Replacement cost
Cost to replace a firm's assets.

Replacement cost accounting
An accounting method that includes as part of depreciation the difference between the original purchase price of an asset and the current replacement cost.

Replacement cost insurance

Replacement cycle
The frequency with which an asset is replaced by an equivalent asset.

Replacement risk
A type of risk resulting from a situation in which the holder of a contract knows that the counter party will be unable to meet the terms of a contract, and thus a new replacement contract will have to be entered into.

Replacement value
Current cost of replacing the firm's assets.

Replicating portfolio
A portfolio constructed to match an index or benchmark.

Repo
An agreement in which one party sells a security to another party and agrees to repurchase it on a specified date for a specified price.

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This dictionary contains 24549 terms.







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