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RECO in Business & Finance Meaning

The RECO meaning in Business & Finance terms is "Remote Control". There are 2 related meanings of the RECO Business & Finance abbreviation.

RECO on Business & Finance Full Forms

  1. Remote Control A device or array of devices connected to a machine by mechanical, electrical, pneumatic, hydraulic or other means and by which the machine may be operated remotely from, and not necessarily within sight of the operator.
  2. Replacement Cost Replacement cost is the total cost at current prices of an asset which may not necessarily be an exact duplicate of the subject asset but serves the same purpose or performs the same function as the original.

Frequently Asked Questions (FAQ)

  1. What does RECO stand for Business & Finance?

    RECO stands for Replacement Cost in Business & Finance terms.

  2. What is the shortened form of Replacement Cost in Business & Finance?

    The short form of "Replacement Cost" is RECO for Business & Finance.

Citation

RECO in Business & Finance. Acronym24.com. (2020, May 24). Retrieved January 3, 2025 from https://acronym24.com/reco-meaning-in-business-finance/

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