Home » Replacement Cost New Less Depreciation (RCNLD) Replacement Cost New Less Depreciation (RCNLD) ALLABCDEFGHIJKLMNOPQRSTUVWXYZIn the cost approach, replacement cost new less physical incurable depreciation.Related Articles: Glossary: Replacement Cost; Replacement Cost New (RCN)Related Terms:Term: Cost ApproachTerm: DepreciationTerm: Incurable