replacement cost

1. 1.

   current cost of replacing a fixed asset with a new one of equal effectiveness

   Broadercost

Questions about replacement cost

What does replacement cost mean?

replacement cost means "current cost of replacing a fixed asset with a new one of equal effectiveness".

Is replacement cost a common word?

replacement cost is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.