Difference between revisions of "Useful life (glossary)"

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Revision as of 20:42, 5 October 2018

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. 1.9.1., released 5 October 2018