Sentences with phrase «value less depreciation»

Actual value is the value less the depreciation; for example, your five - year old TV now is worth less than you paid for it.
The compensation you'll receive from the coverage is based on the part's actual cash value less depreciation.
The compensation you'll receive from the coverage is based on the part's actual cash value less depreciation.

Not exact matches

The result of a new car's quick depreciation is a policy limit or an actual cash value of a car that is less than what is owed to a loan or leasing company.
The result of a new car's quick depreciation is a policy limit or an actual cash value of a car that is less than what is owed to a loan or leasing company.
Assets are valued at their original purchase price less any depreciation taken for accounting purposes.
Depreciation An accounting procedure that aims to distribute the cost of tangible capital assets, less any expected salvage value, over the estimated useful life of the asset in a rational and systematic manner.
Some renter's insurance policies pay the actual cash value (ACV) of your possessions, meaning what they're worth less depreciation.
A deep ITM currency option (FX option) where the strike currency has a lower interest rate than the currency to be received will often be exercised early because the time value sacrificed is less valuable than the expected depreciation of the received currency against the strike.
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.
The actual value of your home (which may be less than the cost to rebuild because of possible depreciation over time).
Definition of Actual Cash Value: Intial cost to buy or market value of item less depreciation for the number of years you haValue: Intial cost to buy or market value of item less depreciation for the number of years you havalue of item less depreciation for the number of years you had it.
The insured claimed in each case that the insurer's letter and attached «STANDARD REPORT,» when read together, gave rise to a legal obligation to determine the «actual cash value» of the property on the basis of a replacement cost less ten percent depreciation, an amount more than that determined due by the insurer and later by a referee.
Actual Cash Value coverage will only pay for the replacement cost less depreciation.
The ACV policy is less expensive than the RCV, but it only pays the value of the item lost or damaged minus depreciation.
ACV is the replacement cost value at the time of loss, which is less the value of its physical depreciation.
Fair market value is the original cost of your car, less depreciation.
Actual cash value of property is usually less than the replacement cost since depreciation decreases it.
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).
Actual Cash Value Cost to repair or replace damaged property with materials of like kind and quality, less depreciation.
Your insurance indicates that baggage and possessions are covered based on the lesser of either the actual cash value (retail value minus depreciation), or replacement cost.
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.
Actual cash value (ACV) definition: ACV is equal to the replacement cost less any depreciation (ACV = replacement cost - 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).
Cash value coverage reimburses you only for the present cash value of the item 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 tValue basis (the value of your pontoon, less any depreciation over tvalue of your pontoon, less any depreciation over time).
Actual cash value generally means the replacement cost of the vehicle less depreciation.
Actual cash value coverage means that you are covered for the value of the item less depreciation.
The result of a new car's quick depreciation is a policy limit or an actual cash value of a car that is less than what is owed to a loan or leasing company.
Claims are usually paid for the actual cash value of the building and / or contents, which is typically the replacement value, less depreciation.
If your bike gets severely damaged and you make a claim for Total Loss you will get less value for your two - wheeler due to depreciation.
The second, and less desirable, insurance is actual cash value that will pay you an amount equal to the replacement value of the damaged property minus depreciation.
Some renter's insurance policies pay the actual cash value (ACV) of your possessions, meaning what they're worth less depreciation.
Actual Cash Value policies pay for replacement costs less depreciation at the time of the loss.
While the actual cash value of your living room furniture is going to hundreds or thousand less than your paid for it, due to use and depreciation, the replacement cost may be higher.
Actual Cash Value: The fair market value of property; technically, replacement cost less depreciaValue: The fair market value of property; technically, replacement cost less depreciavalue of property; technically, replacement cost less depreciation.
The amount of Sum Assured is based on the Insured Declared Value (IDV) which is the listed selling price less depreciation for each year.
The amount of Sum Assured provided is based on the Insured Declared Value (IDV) which is the listed selling price less depreciation for each year.
The age of a two - wheeler is directly proportional to the rate of depreciation calculated — higher the age, higher the rate of depreciation, i.e. older the two wheeler, lesser the value.
If you buy a policy that provides actual cash value, you'll only receive the estimated value of your home, less depreciation.
Cash - value policies are cheaper because you are covered only for what an item would cost today less depreciation for how old it is.
Replacement cost less physical depreciation and obsolescence is the amount that an insurance company will pay for an insured property after it considers the diminished value because of wear and tear or because new technology has replaced it in the market.
Be sure to ask an agent whether replacement is for «actual cash value» which factors in depreciation or «replacement value» which will pay for a new stereo less deductible.
Most renters insurance policies calculate the award on a claim by actual cash value, the market price less depreciation.
Actual cash value is the replacement cost less depreciation.
Actual value works with depreciation of your items so as your items age they become less and less valuable in most instances.
If you choose an actual cash value (ACV) policy, you pay less each month in premiums, but when you experience a loss, you get less reimbursement because the insurer pays out only the amount of the item's value minus depreciation.
You can choose less expensive coverage for the actual cash value of your home, which accounts for depreciation, or you can choose replacement value coverage.
Actual cash value is the market price less depreciation.
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