"Less depreciation" means that something loses value at a slower rate or to a lesser extent.
Full definition
Cash - value policies are cheaper because you are covered only for what an item would cost today
less depreciation for how old it is.
Most renters insurance policies calculate the award on a claim by actual cash value, the market
price less depreciation.
Note: Liability is limited to the actual cash value of items (replacement
cost less depreciation) at the time of loss up to the maximum benefit amount.
Some renter's insurance policies pay the actual cash value (ACV) of your possessions, meaning what they're
worth less depreciation.
The amount of gain is measured as the difference between the amount received by the taxpayer on the sale less the original purchase price, adjusted through the date of the sale (purchase price plus any
improvements less depreciation taken).
Sloan (1996) defines the measure as the change in non-cash current assets, less the change in current liabilities (exclusive of short - term debt and taxes payable),
less depreciation expense, all divided by average total assets.
These policies will pay for losses according to actual cash value to replace your home and possessions minus depreciation, or by replacement cost value (the actual cost of replacing your home or belongings up to your policy
limit less depreciation).
A lower - cost option for pontoon owners that provides settlement on an Actual Cash Value basis (the value of your pontoon,
less any depreciation over time).
Original purchase price plus some items found on HUD - 1 plus improvements that you capitalized over the years plus any selling
costs less depreciation that was allowed regardless of whether you deducted it or not.
Definition of Actual Cash Value: Intial cost to buy or market value of item
less depreciation for the number of years you had it.
Definition of Actual Cash Value: Intial cost to buy or market value of
item less depreciation for the number of years you had it.
Some renter's insurance policies pay the actual cash value (ACV) of your possessions, meaning what they're
worth less depreciation.
Actual Cash Value (often referred to by its initials as ACV) is the amount it would take to repair or replace
property less depreciation.
Coverage for Vehicle depends on the manufacturer's listed selling
price less the depreciation for each year or the IDV (Insured's declared Value).
Basis is the purchase price plus any capital improvements, plus purchase costs,
less depreciation taken or allowed.
For each successive year thereafter, total capital (TC) required is the sum of total new capital (NC) plus total capital (PC) from the previous year,
less depreciation (D), once again, from the previous year.
An additional consideration is that the real estate may be held at cost
less depreciation, which may be far below market value, particularly if the purchase was made long ago.
Actual cash value (ACV) is the cost to replace it with new property of similar style and quality,
less depreciation.
Knowing that intangibles often have value, I looked for the gap that should exist between free cash flow (earnings,
less depreciation, amortization, and capital expenditure) and earnings, and more often than not, it was not there.
HO - 8: Older home Designed for older homes, this policy usually reimburses you for damage on an actual cash value basis which means replacement cost
less depreciation.
From this amendment, the majority concluded that the appraisal process would be incorrectly conducted if it applied «cost
less depreciation».
Actual Cash Value coverage will only pay for the replacement cost
less depreciation.
Actual Cash Value (ACV)-- Cost to repair or replace damaged property with materials of like kind and quality,
less depreciation.
If you choose not to rebuild your home, you will receive the replacement cost of your home,
less depreciation.
Fair market value is the original cost of your car,
less depreciation.
Actual Cash Value Cost to repair or replace damaged property with materials of like kind and quality,
less depreciation.
The definition of «actual cash value» is the amount of money it would take to replace your entire home with a home of the same quality, made out of the same materials,
less depreciation — whereas replacement cost doesn't account for depreciation and is seen as the far better deal for the homeowner.
The insurance industry's traditional definition: the cost to replace with new property of like kind and quality,
less depreciation.
Actual cash value (ACV) definition: ACV is equal to the replacement cost
less any depreciation (ACV = replacement cost - depreciation).
Cash value coverage reimburses you only for the present cash value of the item
less depreciation.
The cost of repairing or replacing damaged property with property of the same kind and quality,
less depreciation (i.e., in the same physical condition as the original property prior to damage).
Actual value is the value
less the depreciation; for example, your five - year old TV now is worth less than you paid for it.
Actual cash value (ACV) is the cost to replace it with new property of similar style and quality,
less depreciation.
Claims are usually paid for the actual cash value of the building and / or contents, which is typically the replacement value,
less depreciation.
HO - 8: Older home Designed for older homes, this policy usually reimburses you for damage on an actual cash value basis which means replacement cost
less depreciation.