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useful life
noun
: the amount of time during which something is in good enough condition to be used
the useful life of a satellite
Examples of useful life in a Sentence
Recent Examples on the Web
The model suggests a $286K loss per vehicle over its useful life.
—Gustavo Castillo, Forbes, 9 Oct. 2024
This vision of circularity must start with how a car is manufactured, not just how it is dismantled at the end of its useful life.
—James Morris, Fortune Europe, 7 Oct. 2024
Plus, the Gathering Lamp is designed to be easily repaired, upgraded, or recycled at the end of its useful life.
—Delle Chan, WIRED, 3 Oct. 2024
In addition to reducing the districts electrical expenses over the useful life of the equipment, there are other benefits to the panels such as providing shade.
—Kaitlyn Schallhorn, Orange County Register, 4 Oct. 2024
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“Useful life.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/useful%20life. Accessed 22 Nov. 2024.
Legal Definition
useful life
noun
use·ful life
: an estimated amount of time during which an asset or facility will yield income or be useful see also depreciation sense 1
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