RECO has various meanings in the Business & Finance category. Discover the full forms, definitions, and usage contexts of RECO in Business & Finance.
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.
Business & FinanceA 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.
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