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cost vs replacement cost

replacement cost vs cost

cost and replacement cost both are nouns.

cost is a verb but replacement cost is not a verb.

Word NounAdjectiveVerbAdverb
cost Yes No Yes No
replacement cost Yes No No No
As nouns, replacement cost is a hyponym of cost; that is, replacement cost is a word with a more specific, narrower meaning than cost:
  • cost: the total spent for goods or services including money and time and labor
  • replacement cost: current cost of replacing a fixed asset with a new one of equal effectiveness
cost (noun) replacement cost (noun)
the property of having material worth (often indicated by the amount of money something would bring if sold) current cost of replacing a fixed asset with a new one of equal effectiveness
value measured by what must be given or done or undergone to obtain something
the total spent for goods or services including money and time and labor
cost (verb) replacement cost (verb)
be priced at
require to lose, suffer, or sacrifice
Difference between cost and replacement cost

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