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What does RCV stand for?

RCV stands for Replacement Cost Value

This definition appears frequently and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other definitions of RCV

Other Resources:
We have 63 other meanings of RCV in our Acronym Attic

Samples in periodicals archive:

Erik Nikodem, executive vice president and Property Division executive of Lexington Insurance Company, said, 'The unique loss valuation structure of CarbonCover ODS allows project developers to protect against lost income they could suffer when they are using property with relatively low replacement cost value to create a higher-value carbon offset credit-and that property is lost or damaged during the process.
Valuation is Not the Issue Don't confuse the issue of adequate insurance with that of valuation: in the example above, the amounts discussed represent the replacement cost value of the property with no deduction taken for physical depreciation based on age or condition.
Topics of in-depth consideration included: The role and impact of reinsurance; the cost of capital; the application of windstorm mitigation credits; the rise in sinkhole claims and corresponding adjustment costs; the considerable growth in public adjusters' solicitation and claims activities; and the ability of policyholders to recover replacement cost value without any deduction for depreciation or having repairs actually performed.