Mindel Scott

Definition beyond Economical Repair

If repairing an item is more expensive than replacing the item. If it costs more than 80% of the replacement value. BPR is defined as Beyond Physical Repair. BpR usually refers to a repair item that cannot be returned to service due to excessive damage or obsolesed components, regardless of the cost. Condition of a repairable item when the estimated cost of repair significantly exceeds a certain percentage (usually 80%) of its replacement value. BER is defined as Beyond Economical Repair. BeR generally refers to when a repair item requires repair costs of 75% or more than the market value or supply cost of the item. If you are considering taking out a home loan, it is important that you understand the conditions under which your bank sanctions the loan. You need to understand every written condition on the loan agreement, otherwise you will end up choosing a lender that charges high interest rates or strict conditions.

To avoid this, simply log in to our website and understand the meaning of financial terms with the financial dictionary. If you want to invest in a financial product, you need to understand various financial terms. Failure to do so can result in losses. Many financial intermediaries mislead you in order to make quick profits. You can avoid this by understanding financial terms and making smart investment decisions. The financial dictionary is a dictionary or database that contains the meaning of all financial terms. The Financial Dictionary was created to help anyone interested in understanding financial terms. It is extremely important to know what the financial terms mean when you sign the terms and conditions. If you use financial products, you can easily get scammed if you don`t know what you signed up for. To avoid this, you need to be clear about what the terms really mean. If you are a financial advisor, it is extremely important to stay informed about the latest financial conditions.

At IndianMoney.com update all new terms used in personal finance in the financial dictionary. You can refer and update yourself to effectively serve customers. It is a double gold mine to increase your efficiency and bring more money to customers. Powered by Black`s Law Dictionary, Free 2nd ed. and The Law Dictionary. If you want to invest in the stock market, it is extremely important to understand each term associated with it. A small misunderstanding can lead to large losses in a matter of seconds. It is only advisable to know the meaning of all terms before investing. The most comprehensive financial dictionary that covers all financial terms.

Presented by India`s largest free financial education company – IndianMoney.com. No. 50, Vinay Arcade, K H Road, Shantinagar, Bengaluru, India, 560027. We have developed this financial dictionary that can be used by anyone for free on our website. We have provided the meaning of almost all financial terms as well as the context in which they can be used. If you have persistent doubts about a financial term, all you have to do is log in to our website and read the financial dictionary. Our financial dictionary has three main categories. First of all, they are the “most searched words”. These are the terms/words commonly used in finance.

You can simply click on the words to learn their meaning. The second category is “Recently added words”. These are the terms/words that are new to the financial world but have meaning. The third is “You have read recently”. If you have already used our financial dictionary, verified words and their meaning will be displayed in this category. This is to inform that Suvision Holdings Pvt Ltd (“IndianMoney.com”) does not charge any fees/deposits/advances for outsourcing its activities. All stakeholders are warned against such fraud.