MLchartDataset catalogue

Actual Cash Value

Term · Insurance and risk management · MLC-T-INS-000004

The cost to replace an insured item of property at the time of loss, less the value of physical depreciation.

Table 1. Record
IdentifierMLC-T-INS-000004
FieldInsurance and risk management
SubjectNational Flood Insurance Program
AbbreviationACV
ReferencesFloodSmart Flood Insurance Glossary; FEMA Glossary
Record as JSON 
{
  "id": "MLC-T-INS-000004",
  "term": "Actual Cash Value",
  "field": "Insurance and risk management",
  "definition": "The cost to replace an insured item of property at the time of loss, less the value of physical depreciation.",
  "abbreviation": "ACV",
  "subject": "National Flood Insurance Program",
  "references": [
    "FloodSmart Flood Insurance Glossary",
    "FEMA Glossary"
  ],
  "url": "https://mlchart.com/terminology/insurance/actual-cash-value/"
}

Record 4 of 272 in Insurance and risk management terminology (MLC-0106). Request the full dataset.