GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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12:43 May 16, 2002 |
French to English translations [PRO] Bus/Financial - Insurance / insurance | |||||||
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| Selected response from: Arthur Borges China Local time: 21:54 | ||||||
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Summary of answers provided | ||||
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4 +3 | replacement value, current value, value as new, original price |
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5 | insured amount |
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Discussion entries: 1 | |
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replacement value, current value, value as new, original price Explanation: The context is spotty but you have to juggle with price and value, and at what point in the life cycle of, say, a car we're talking about. You can pay $20,000 for a car whose retail (price) is $15,000. Two years later, in either case, its value will be $10,000 on the market but perhaps have $12,000 of trade-in value. Good luck! |
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