Actual Cash Value (ACV) is a method of valuing insured property. Actual Cash Value (ACV) is computed by subtracting depreciation from the replacement cost. The depreciation is usually calculated by establishing a useful life of the item and determining what percentage of that life remains. This percentage times the replacement cost gives the ACV.
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Showing posts with label Actual Cash Value. Show all posts
Showing posts with label Actual Cash Value. Show all posts
Actual Cash Value (ACV)
Saturday, June 5, 2010Posted by investingport.com at 1:03 AM 0 comments
Labels: Actual Cash Value, ACV
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