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BusinessDictionary.com
estimated useful life
Definition
Period
during which an
asset
is projected to generate
revenue
or
provide
other valuable
service
. Also called estimated life.
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Nearby Terms
estimated invoice
estimated premium
estimated revenue
estimated time of arrival (ETA)
estimated time of departure (ETD)
estimated ultimate recovery (EUR)
estimated useful life
estimating
estimating methodology
estimating rationale
estimating relationship
estimating system
estoppel
Popular 'Accounting & Auditing' Terms
accounting
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depreciable cost
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declining balance depreciation
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straight line depreciation
sum of the years digits (SYD) depreciation
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