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Từ vựng:

actual cash value

Giải nghĩa:

/ˈækʧuəl kæʃ ˈvæljuː/ – Noun


Definition: Giá trị thực của tài sản.

A more thorough explanation: the value of an item following depreciation (=loss of value over time)

Example: We can only provide coverage for the actual cash value, not the full cost of replacement.

 

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