ACV: Meaning and Definition of

ACV

Pronunciation: [key]
  1. actual cash value.
  2. air cushion vehicle: any of various vehicles that ride over water or terrain on a cushion of air generated by downward-thrusting fans and are pushed forward by one or more air propellers.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.