v. To restore to a former place, position, condition, or the like.v. To refund; to repay; to restore; as, to replace a sum of money borrowed.v. To supply or substitute an equivalent for.v. To take the place of; to supply the want of; to fulfil the end or office of.v. To demolish a building and build a updated form of that building in its place.v. To place again.v. To put in a new or different place.