Valuation 3 : Estimated asset value which may depend on the purpose for which the valuation is required, it replacement value for determining maintenance levels or market value for lifecycle costing
Ministry of Business, Innovation and Employment, Glossary of terms and acronyms, Wellington, New Zealand 2010. http://wwwsosh.govt.nz/resources/glossary-u.shtml, (Occupn Hlth and Sfty - Brit) {530}