का-जगह-लेना इसके अंग्रेजी अर्थ का उदाहरण

1900 establishments in France The term replacement cost or replacement value refers to the amount that an entity would have to pay to replace an asset at the present time, according to its current worth.

In the insurance industry, "replacement cost" or "replacement cost value" is one of several method of determining the value of an insured item.

Replacement cost is the actual cost to replace an item or structure at its pre-loss condition.

For insurance policies for property insurance, a contractual stipulation that the lost asset must be actually repaired or replaced before the replacement cost can be paid is common.

If insurance carriers honestly determine replacement cost, it becomes a "win-win" for both for the carriers and the customers.

However, when a replacement cost determination is made by the carrier (and, perhaps, its third party expert) that exceeds the actual cost of replacement, the customer is likely to be paying for more insurance than necessary.

For example: when a television is covered by a replacement cost value policy, the cost of a similar television which can be purchased today determines the compensation amount for that item.

One of the champions of the replacement cost method was the Dutch professor in Business economics Théodore Limperg.

Insurers purchase estimations on replacement cost.

In 2013, a survey found that about 60% of homes have replacement cost estimates which are too low by an estimated 17 percent.

Historically, consumers could purchase "guaranteed replacement cost" coverage which ensure sufficient limits if the estimate was too low, but these became "virtually extinct" after several California disasters including the Oakland firestorm of 1991, the Laguna Beach fires, and the 1994 Northridge earthquake.

Following the 2005 federal elections in which the CDU became the strongest party and formed a grand coalition with the Social Democratic Party (SPD), Lammert was elected by the Bundestag on 18 October 2005 to replace Wolfgang Thierse of the SPD as its President.