All > Business > Finance > Insurance > Auto Insurance

• An amount equivalent to the replacement cost of lost or damaged property at the time of the loss, less depreciation.

  North Dakota Insurance Department - Cite This Source - This Definition
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  Cite Definition for Actual cash value

  American Psychological Association (APA)

  Actual cash value. (n.d.). Auto Insurance Glossary. Retrieved March 28, 2023, from website: http://www.expertglossary.com/definition/actual-cash-value.

  Chicago Manual of Style (CMS)

  Actual cash value. www.nd.gov. Auto Insurance Glossary. North Dakota Insurance Department. http://www.expertglossary.com/definition/actual-cash-value (accessed: March 28, 2023).

  Modern Language Association (MLA)

  "Actual cash value." Auto Insurance Glossary. North Dakota Insurance Department. 28 March. 2023 http://www.expertglossary.com/definition/actual-cash-value.

• Browse Related Terms: Actual cash value, Actual cash value (ACV), Aftermarket Crash Part, Arbitration, Assigned risk plan, Auto Replacement Coverage, Betterment, Exclusion, Full Tort, Illinois Automobile Insurance Plan (assigned risk plan), Liability, Liability Coverage, Property damage (PD), Total Loss

All > Business > Finance > Insurance > Homeowners Insurance

• An amount equivalent to the replacement cost of lost or damaged property at the time of the loss, less depreciation.

  North Dakota Insurance Department - Cite This Source - This Definition
  ×

  Cite Definition for Actual cash value

  American Psychological Association (APA)

  Actual cash value. (n.d.). Homeowners Insurance Glossary. Retrieved March 28, 2023, from website: http://www.expertglossary.com/definition/actual-cash-value.

  Chicago Manual of Style (CMS)

  Actual cash value. www.nd.gov. Homeowners Insurance Glossary. North Dakota Insurance Department. http://www.expertglossary.com/definition/actual-cash-value (accessed: March 28, 2023).

  Modern Language Association (MLA)

  "Actual cash value." Homeowners Insurance Glossary. North Dakota Insurance Department. 28 March. 2023 http://www.expertglossary.com/definition/actual-cash-value.

• Browse Related Terms: Actual cash value, Actual cash value (ACV), Additional Living Expenses, Additional living expenses (ALE), Depreciation, Earthquake Insurance, Exclusion, flood insurance, Full Replacement Policy, Guaranteed Replacement Cost Coverage, Justified complaint, Loss of use, Renters insurance, Replacement Cost