RECO in Insurance Meaning
The RECO meaning in Insurance terms is "Replacement Cost". There are 1 related meanings of the RECO Insurance abbreviation.
RECO on Insurance Full Forms
- 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)
What does RECO stand for Insurance?
RECO stands for Replacement Cost in Insurance terms.
What is the shortened form of Replacement Cost in Insurance?
The short form of "Replacement Cost" is RECO for Insurance.
Citation
RECO in Insurance. Acronym24.com. (2020, May 24). Retrieved May 18, 2024 from https://acronym24.com/reco-meaning-in-insurance/
Last updated