The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Q RATIO Definition & Legal Meaning

Law dictionary entry - legal definition of embargo

Definition & Citations:

The ratio between all assets held by a company and their replacement cost in today’s market. Assets include machinery and plane items needed to carry out the company’s trade. If the ratio is low then the company will renew its assets with second-hand or reconditioned plant and machinery items as they are cheaper than purchasing new equipment.

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