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Jargon Buster (M)

An easy to use A to Z of some of the most commonly used terms used throughout the water industry.

A B C D E F G H I J K L M
N O P Q R S T U V W X Y Z


mains
Pipes which carry treated drinking water.

meter
A device for measuring the quantity and flow rate of water.

modern equivalent asset values
The cost of replacing all existing assets of whatever vintage by a 'modern equivalent' asset. This value exceeds both the historic cost and the RCV (see jargon section R).


© Water UK

Mon 13 Oct 2008, 10:12
http://www.water.org.uk/home/resources-and-links/jargon-buster/jargon-m