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PREVIOUS SECTION TABLE OF CONTENTS NEXT SECTION DEFINITIONS This list of terms is intended to include those that have specific meaning to the National Flood Insurance Program NFIP. In a few instances standard industry terms have been added for additional focus and emphasis. Act. The National Flood Insurance Act of 1968 and any amendments to it. Actual Cash Value ACV. The cost to replace an insured item of property at the time of loss less the value of its physical depreciation* Adjuster...
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Definitions - FEMA refers to the set of terms and their corresponding meanings that are used in the Federal Emergency Management Agency (FEMA) guidelines and regulations.
All individuals or entities subject to FEMA regulations and guidelines are required to be familiar with the definitions - FEMA. However, the specific filing requirements vary depending on the context.
The definitions - FEMA are not filled out like a form or document. They are a set of terms and their meanings provided by FEMA. To understand and comply with the definitions - FEMA, individuals or entities can refer to FEMA guidelines, regulations, and documentation.
The purpose of definitions - FEMA is to establish clear and standardized meanings for terms used in FEMA guidelines and regulations. This promotes consistency, accuracy, and understanding in the implementation of FEMA programs and policies.
Definitions - FEMA do not require any specific information to be reported. They are a reference tool for individuals or entities to understand the meanings of terms used in FEMA guidelines and regulations.
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