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Gross Replacement Value (GRV)
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Gross Replacement Value (GRV)
The cost of replacing all
contracts
of a given type or with a given
counterparty
that have a net
present value
, before any adjustment for possible
netting agreements
. See also
Net Replacement Value (NRV)
,
Net-to-Gross Ratio (NGR)
.
Glossary
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