Dictionary

actual cash value

actual cash value

noun

Definition of ACTUAL CASH VALUE

:  money equal to the cost of replacing lost, stolen, or damaged property after depreciation

First Known Use of ACTUAL CASH VALUE

circa 1946

Browse

Next Word in the Dictionary: actual costPrevious Word in the Dictionary: actualAll Words Near: actual cash value
March 05, 2015
ilk Hear it
Sort or kind
Take a 3-minute break and test your skills!
How to use a word that (literally) drives some people nuts.
Test your vocab with our fun, fast game
Ailurophobia, and 9 other unusual fears