Difference between revisions of "Useful life (glossary)"

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<blockquote> 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.</blockquote>
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<blockquote> ''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.''</blockquote>
  
 
====Source(s)====
 
====Source(s)====

Revision as of 15:39, 17 September 2011

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.

Source(s)

BusinessDictionary.com http://www.businessdictionary.com.

Discussion

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