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remaining economic life

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remaining economic life

The number of years between the date of an appraisal and the date a property improvement will cease to have any economic value, even if it will still be structurally sound. A solidly built parking deck with short ceiling heights, narrow lanes, and tight turning radii might have a limited remaining economic life because most modern cars, particularly trucks and SUVs,cannot use the deck.



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The idea is that the length of the home loan should not outlast the remaining economic life of the structure serving as collateral.
The existing stock of productive assets often has significant remaining economic life and past pricing strategies have been based upon life cycle amortization.
Gen-Probe expects to amortize its share of the payment to cost of goods sold over the patent's remaining economic life.
 
 
 
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