Actual Cash Value

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
ACV
Pronunciation
/ˈækʧəwəl kæʃ ˈvælju/
Category
Business
Related Field
Accounting

Examples in Context

  1. While most property insurance policies specity a maximum dollar limit, whether they pay replacement costs or actual cash value depends on the terms of the policy.
  2. A US central banker once told me his estimate for the actual storage cost was somewhere between 1 and 2 per cent of the cash value.

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