Definition of Replacement vehicle

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TeachMeFinance.com - explain Replacement vehicle



Replacement vehicle -- A vehicle which is acquired in order to take the place of a vehicle which is being retired from service. These acquisitions do not increase the size of the company fleet.




About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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