replacement
Definition
Substitution of an item with a similar or different, inferior or superior, item.
replacement is in the Agreements & Contracts and Purchasing & Procurement subjects.
replacement appears in the definitions of the following terms:
lower of cost or market value,
breakdown maintenance,
sinking fund,
peripheral component interconnect (PCI) bus,
business reply mail (BRM),
overhaul,
backup data,
capital improvement,
restoration,
disability insurance
and
replacement appears in the other terms:
replacement cost accounting,
replacement reserves,
replacement capital,
replacement factor,
replacement planning,
replacement market,
replacement cost policy,
replacement cost method,
replacement value,
replacement value method
and
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