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useful life
(redirected from usable life)

    Also found in: Encyclopedia 0.01 sec.
Useful life
The expected period of time during which a depreciating asset will be productive.
Useful Life
The amount of time, as determined by the IRS, that an asset is expected to be used. The useful life is important in determining taxes assessed on the depreciated value of the asset each year. Theoretically, an asset's useful life is equal to its absolute physical life, but, because the useful life is an estimation, this is not always the case.
useful life

(1) In accounting and taxation,the time period over which an asset is depreciated.(2) In appraisal,the time period during which one can expect a positive cash flow from a property.
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A software engineer can tell you what kind of upkeep costs you can expect in the future and what maintenance services will extend the usable life of your technology.
Software Engineers Professionals on Your Side by David Kraft / Business community
It often comes with features such as timers with audible alarms, automatic devices to raise and lower the basket into the oil, measures to prevent the food crumbs from becoming over cooked, ventilation systems to reduce frying odors, oil filters to extend the usable life of the oil and mechanical/electrical temperature controls.
Deep Fryer?s Delicious Treats by Catty / Home based business community
Problems with the substance, classified but thought to be a highly explosive and toxic solvent cleaning agent, have arisen at the Y-12 complex at Oak Ridge in Tennessee, which is extending the usable life of warheads for both the US and British versions of Trident.
Technical hitch delays renewal of nuclear warheads for Trident by guardian.co.uk / guardian.co.uk
 
 
 
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