- replacement
- replacement re‧place‧ment [rɪˈpleɪsmənt] noun1. [countable] a product, piece of equipment etc that takes the place of the one currently being used:replacement for
• The device was designed as a replacement for the standard telephone.
2. [countable] HUMAN RESOURCES someone who takes the place of another person in a job, position etc:replacement for• The company will seek a replacement for its chief finance officer.
3. [uncountable] COMMERCE when a company gives someone a product instead of one that they bought that was damaged or not perfect:• the replacement of damaged goods
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replacement UK US /rɪˈpleɪsmənt/ noun► [C] a thing or person that takes the place of something or someone else: a replacement for sb/sth »We now use LEDs as replacements for conventional light bulbs.
a permanent/temporary replacement »She has agreed to take on the role of chairman until a permanent replacement is found.
»He remained on the board until his replacement arrived in mid-March.
► [U] the act of replacing one thing or person with another: replacement of sth »Water prices will go up to pay for the replacement of a crumbling pipe network.
»They make replacement parts for tractors.
»The company has hired 42 replacement workers.
Financial and business terms. 2012.