actual cash value

noun

The value of insured property, computed by subtracting depreciation from replacement cost.

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Meanings

nounactual cash value (countable and uncountable, plural actual cash values)

plural actual cash values

  1. countableuncountablebusinessThe value of insured property, computed by subtracting depreciation from replacement cost.
Cite this entry
APA

actual cash value. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/actual%20cash%20value

MLA

“actual cash value.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/actual%20cash%20value. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “actual cash value,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/actual%20cash%20value.

Source: actual cash value on Wiktionary, CC BY-SA 4.0.