What is like-for-like replacement?

What is like-for-like replacement?

like-for-like (comparable) Replacing one thing with another of the same type. quotations ▼ The soccer coach made a like-for-like substitution, replacing the injured defender with another defensive player.

What does like goes with like mean?

phrase. DEFINITIONS1. to compare two things that are similar in some way. The problem with international price comparisons is that it is very difficult indeed to compare like with like. Synonyms and related words.

What is the legal definition of means?

1a : something enabling one to achieve a desired end a means of self-defense. b : cause sense 1. 2 : resources (as income and assets) at one’s disposal.

What is like-for-like in business?

Like-for-like sales numbers indicate the revenues of stores or products with similar characteristics, omitting outliers that could distort the results. Comparison of the numbers over time gives insight into the factors that are contributing to a company’s growth or decline.

How is like-for-like sales calculated?

Same store sales is calculated by adding the total sales for all of the stores that have been operational last year and subtracting this amount from the total sales of the same stores this year, then dividing the result by the total sales of same stores from last year and multiplying by 100 to get the percentage.

How do you use like-for-like in a sentence?

Like-for-like sentence example

  1. This offer is for a like for like industrial scaffold tower only.
  2. It said like-for-like sales rose by 0.8 per cent during the month, compared with November 2004.
  3. Last week like-for-like sales were up 20 per cent, following a 14.8 per cent uplift in the final quarter of 2005.

How do you use like wise?

Likewise can also be used to mean something like “me too” or “the same thing you just said.” When used this way, it’s typically used by itself as a one-word response to a statement. For example, if someone says, “It was nice you meet you,” you could simply reply, “Likewise!”

What does I like you mean?

Indicates that the speaker likes the interlocutor.

What does like for like mean in English?

Meaning of like-for-like in English. like-for-like. › ACCOUNTING like-for-like figures compare sales, financial results, etc. in one period with those for the previous period, taking into account exactly the same number of stores, businesses, activities, etc. with no new ones added:

What does like for like mean in accounting?

( abbreviation LFL) ACCOUNTING. like-for-like figures compare sales, financial results, etc. in one period with those for the previous period, taking into account exactly the same number of stores, businesses, activities, etc. with no new ones added: Sainsbury’s like-for-like sales in the second quarter were up by 1.2% on the same period last year.

Which is the best definition of lawlike?

Definition of lawlike. : being like the law (as in methods, principles, or terminology)

What does like for like sales report mean?

Referring to a comparison between one aspect of a business (such as sales) from two different time periods but with no other major differences. Here are the like for like sales reports that you requested for this month and last month. 2. Of the same value as a damaged or lost item.