Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
actual cash value
Insurance. 1. Replacement cost minus normal depreciation. 2. See fair market value.
actual cash value.
See fair market value under VALUE.
cash value
See full cash value.
fair cash value
See fair market value under VALUE.
full cash value
Market value for property tax purposes; estimated value derived by standard appraisal methods. - Also termed cash value.