Meaning USEFUL LIFE: The expected period of time during which a depreciating asset will be productive
More terms such as Useful life in Dictionary U.
- Definition Unbiased Predictor:
- Examples A theory that spot prices at some future date will be equal to today's forward rates useful life definition.
- Definition Uncollected Funds:
- Examples The amount of bank deposits in the form of checks that have not yet been paid by the banks on which the checks are drawn useful life explain.
- Definition Unearned Interest:
- Examples Interest that has been received on a loan, but that cannot be treated as a part of earnings yet, because the principal of the loan has not been outstanding long enough useful life what is.
- Definition Underlying Asset:
- Examples The security or property or loan agreement that an option gives the option holder the right to buy or to sell useful life meaning.
- Definition Uniform Commercial Code (UCC):
- Examples Collection of laws dealing with commercial business useful life abbreviation.