Useful life (glossary)

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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

There is currently no discussion for this term. This will be completed for SEBoK version 1.0.

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