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

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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 See all Example Sentences for useful life 

Dictionary Entries Near useful life

Cite this Entry

“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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