actual cash value
noun
: money equal to the cost of replacing lost, stolen, or damaged property after depreciation
Examples of actual cash value in a Sentence
Recent Examples on the Web
After an accident, your insurer will typically pay the actual cash value of the car.
—
Ana Teresa Solá, CNBC, 14 Sep. 2025
If the owner gets into an wreck and the vehicle is declared a total loss with an actual cash value of $26,000 and a $1,000 deductible, the insurance company would offer a settlement of just $25,000.
—Jim Gorzelany, Forbes, 29 Nov. 2024
See All Example Sentences for actual cash value
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Ana Teresa Solá, CNBC, 14 Sep. 2025
If the owner gets into an wreck and the vehicle is declared a total loss with an actual cash value of $26,000 and a $1,000 deductible, the insurance company would offer a settlement of just $25,000.
—Jim Gorzelany, Forbes, 29 Nov. 2024
See All Example Sentences for actual cash value
Cite this Entry
“Actual cash value.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/actual%20cash%20value. Accessed 26 Oct. 2025.
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