ATTEST Definition

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ATTEST is to authenticate, affirm to be true, genuine, or correct, as in an official capacity.

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BASIC is Beginners All-Purpose Symbolic Instruction Code.

REPLACEMENT VALUE CONCEPT, in insurance, is loss coverage for assets at the cost required to purchase like assets at market value. The replacement value concept eliminates the often troublesome factor of used or depreciated value when claims for losses are adjusted.

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