cost to cure Definition | Business Dictionaries from
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Business Definition for: cost to cure
cost to cure

the amount of money it will take to remedy a cause of depreciation. A curable defect is one for which the cost to cure is less than the value added by correction.

Example: The cost to cure an aging, leaking roof is $8,000. It is considered curable because the house will be worth $10,000 more after the replacement than it is worth now.

Copyright © 2004, 2000, 1997, 1993, 1987, 1984 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.


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