What is another word for replacement cost?
Pronunciation: [ɹɪplˈe͡ɪsmənt kˈɒst] (IPA) 
The term replacement cost refers to the cost of replacing an item with a new one of equal or similar value. Some synonyms for replacement cost include reproduction cost, reinstatement cost, and rebuild cost. These terms are often used in insurance policies or for accounting purposes to determine the value of assets. Replacement value and replacement price are also commonly used to describe the same concept. In real estate, the term reproduction cost is used to estimate the cost of rebuilding a structure, while reinstatement cost is used in the construction industry to estimate the cost of repairing or replacing damaged property.
