Useful life (glossary)

From SEBoK
Revision as of 21:19, 2 June 2019 by WikiWorks (talk | contribs) (Text replacement - "<center>'''SEBoK v. 1.9.1, released 16 October 2018'''</center>" to "<center>'''SEBoK v. 2.0, released 1 June 2019'''</center>")

Jump to navigation Jump to search

The period of time during which an asset or property is expected to be usable for the purpose it was acquired. It may or may not correspond with the item's actual physical life or economic life. (WebFinance 2012)

Sources

WebFinance. 2012. "dictionary.com" (online). Washington, DC, USA: WebFinance, Inc. Accessed on 11 September 2012. Available at: http://www.businessdictionary.com/definition/useful-life.html

Discussion

None.

SEBoK v. 2.0, released 1 June 2019