Situated just north of the Equator, the geographical position of Barbados, and the islandâs tropical climate, mean that weather in Barbados is warm and sunny the year. The island of Barbados is situated in the North Atlantic Ocean, north of the coast of Venezuela and northeast of Trinidad and Tobago.
replace(verb) substitute a person or thing for (another that is broken or inefficient or lost or no longer working or yielding what is expected) He replaced the old razor blade; We need to replace the secretary that left a month ago; the insurance will replace the lost income; This antique vase can never be replaced.
Replacement value. The term replacement cost or replacement value refers to the amount that an entity would have to pay to replace an asset at the present time, according to its current worth. In the insurance industry, replacement cost or replacement cost value is one of several method of determining the value of an insured item. Replacement cost is the actual cost to replace an item or structure at its pre-loss condition. This may not be the market value of the item, and is typically distinguished from the