Your car's 'replacement' cost is less than the cost to repair it. [=it costs less to buy a new car than it does to fix your car]
She underwent a hip 'replacement'. [=a doctor replaced her hip with an artificial hip]
Is your old dictionary in need of 'replacement'? [=do you need a new dictionary?]
(..) comes along, you know... Come on, asshole! Go on! Take him to jail! Hey, Bauers. This is Peterson, your new replacement. - My what? I'm gettin' replaced? - Yeah, they didn't tell you? - No. - Some new assignment. They're being all weird (..)2006 Idiocracy