N
Net Replacement Value (NRV)
N
Net Replacement Value (NRV)
The net cost of replacing the net
present value
of a single
contract
, of all contracts of a certain type, or of all contracts with a specific counterparty-after allowance for enforceable
netting agreements
in place. See also
Gross Replacement Value (GRV)
,
Net-to-Gross Ratio (NGR)
.
Glossary
*
N