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Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an ...
Rate of fire is the frequency at which a specific weapon can fire or launch its projectiles. This can be influenced by several factors, including operator training level, mechanical limitations, ammunition availability, and weapon condition. In modern weaponry, it is usually measured in rounds per minute (RPM or round/min) or rounds per second ...
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Replacement value. The term replacement cost or replacement value refers to the amount that an entity would have to pay to replace an asset at the present time, according to its current worth. [1] In the insurance industry, "replacement cost" or " replacement cost value " is one of several methods of determining the value of an insured item.
Kelley Blue Book Co., Inc. is a vehicle valuation and automotive research company which is recognized by both consumers and the automotive industry. Based in Irvine, California, the company is owned by the Cox Automotive subsidiary of Cox Enterprises.
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