Replacement Cost Value
Term · Insurance and risk management · MLC-T-INS-000204
The cost to replace property with the same kind of material and construction without deduction for depreciation.
| Identifier | MLC-T-INS-000204 |
|---|---|
| Field | Insurance and risk management |
| Subject | National Flood Insurance Program |
| Abbreviation | RCV |
| References | FloodSmart Flood Insurance Glossary; FEMA Glossary |
Record as JSON
{
"id": "MLC-T-INS-000204",
"term": "Replacement Cost Value",
"field": "Insurance and risk management",
"definition": "The cost to replace property with the same kind of material and construction without deduction for depreciation.",
"abbreviation": "RCV",
"subject": "National Flood Insurance Program",
"references": [
"FloodSmart Flood Insurance Glossary",
"FEMA Glossary"
],
"url": "https://mlchart.com/terminology/insurance/replacement-cost-value/"
}
Record 204 of 272 in Insurance and risk management terminology (MLC-0106). Request the full dataset.