See Also: Replacement chain(finance)
Replacement Chain(money)
Replacement chain problem(finance)
Replacement-chain problem(money)
chain, orthodontic chain(medicine)
replacement(dictionary)
hip replacement(medicine)
Replacement Value(money)
Replacement(medicine)
Replacement value(finance)

Replacement chain (finance)


A concept that views a capital investment as an indefinite commitment to a specific type of technology. The replacement chain concept can be used to allow the comparison of mutually exclusive investments with unequal lives.