useful life

useful life. The estimated length of time that depreciable property will generate income. • Useful life is used to calculate depreciation and amortization deductions. — Also termed depreciable life. See DEPRECIATION METHOD.

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词条贡献者

译者Joanne，毕业于亚洲顶尖的高级翻译学院，擅长翻译各种与房地产业相关的法律文件。