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Disaster Advice Glossary
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Disaster recovery and restoration can be veiled in mystery to the many who have not undertaken specific training. This glossary explains technical terms to assist both report writing and the understanding of those technical terms so often misunderstood.
Definitions
| ACV (Actual Cash Value): |
In property insurance adjusting, ACV means replacement cost new less depreciation. Education Note: Actual Note: Actual cash value is calculated by the cost of the the replacement minus a ceratin value for depreciation. See RCV (Replacement Cost Value) |
The Disaster Advice Glossary and its contents are the protected copyright of Disaster Advice
The Disaster Advice Glossary operates on TechMerit Technoloy.
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