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(Abbreviation)

  1. Actual Cash Value: This is a term commonly used in insurance to refer to the current value of an asset, such as a vehicle or property, taking into account factors like depreciation and market conditions.
  2. Air Control Valve: In mechanical and engineering contexts, an ACV can refer to an air control valve, a device used to regulate the flow of air in a system, such as in HVAC (heating, ventilation, and air conditioning) systems or pneumatic machinery.
  3. Air Cushion Vehicle: ACV can also stand for air cushion vehicle, which refers to vehicles like hovercraft that glide on a cushion of air, enabling them to travel over surfaces like water, ice, or land with minimal friction.
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