Meaning 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
More terms such as Replacement cost insurance in Dictionary R.
- Definition Registered Trader:
- Examples A member of the exchange who executes frequent trades for his or her own account replacement cost insurance definition.
- Definition Reopen An Issue:
- Examples The Treasury, when it wants to sell additional securities, will occasionally sell more of an existing issue (reopen it) rather than offer a new issue replacement cost insurance explain.
- Definition Resolution Trust Corporation (RTC):
- Examples established in 1989 and disbanded in 1996 that administered federal savings and loan institutions that were insolvent between 1989 and August 1992 by either bailing them out or merging them replacement cost insurance what is.
- Definition Renewable Term Life Insurance:
- Examples A policy for a stated period that may be renewed if desired at the end of the term replacement cost insurance meaning.
- Definition Reinvestment Risk:
- Examples The risk that proceeds received in the future may have to be reinvested at a lower potential interest rate replacement cost insurance abbreviation.
