Replacement in example sentence

The tax rate necessary to fund social spending must equal the ratio of the number of people receiving benefits to the number of taxpayers (the dependency ratio), multiplied by the average benefit relative to the income being taxed (the replacement rate).

More example sentences with word replacement

Bacterial cellulose is actually already being used for wound healing, and possibly in the future for biocompatible blood vessels, possibly even replacement bone tissue.

What I'm not suggesting is that microbial cellulose is going to be a replacement for cotton, leather or other textile materials.

And we make a drop-in replacement for that plastic that's made from petrochemicals.

Now, he noticed that these hearing aids needed batteries that needed replacement, very often at a cost that was not affordable for most of the users that he knew.

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