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actual cash value Law Definition

n

A fair or reasonable price that can be obtained for an item or property in the ordinary course of business, not under duress or exigency. Synonymous with fair market value.

Browse dictionary entries near actual cash value

  1. ‹ actual authority
  2. ‹ actual/actual
  3. ‹ actual/360
  4. ‹ actual
  5. ‹ acts of God
  6. ‹ Acts
  7. ‹ actressy
  8. ‹ actress
  9. ‹ actor
  10. ‹ Acton
  1. actual sin ›
  2. actuality ›
  3. actualize ›
  4. actually ›
  5. actuarial ›
  6. actuary ›
  7. actuate ›
  8. actus reus ›
  9. acuate ›
  10. Acuff ›