---
title: "Actual Cash Value (ACV)"
description: "The depreciated value of damaged property — replacement cost minus depreciation for age and wear."
publishedAt: "2026-04-17"
author: "Wave Team"
category: "Glossary"
tags: ["insurance-claims", "glossary"]
ogImage: "/og-default.png"
status: "published"
---

More information coming soon.