... which assetsare valued at the amount it would cost toreplace them, rather than at the originalcost. Also calledcurrent cost ac-counting. Compare historical costaccountingreplacement cost ... are paid a basic salary pluscommission.ć We have six salesmencalling on accounts in central London. sales manager /selz mndə/noun a person in charge of a salesdepartmentsalary package ... theregulations of the Department of Trade, with a trustee, a management company and a stock of units’ [Investors Chronicle]‘…fear of audit regulation, as much as financialpressures, is a major factor...