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Risky Thinking
On Risk Management, Business Continuity, and Security
27 May, 2017
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Asset Value (Definition)

A monetary value assigned to an asset. This may be based on its actual cost, or the cost of its replacement.

Value, however, may also take into account less tangible factors, such as customer confidence, inconvenience of replacement, productivity loss if lost, etc.

See Also: Single Loss Expectancy.

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