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
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At the same time, the co-op's nearly 50-year-old well and pipe system was nearing the end of its useful life. Austin Corona, The Arizona Republic, 25 Nov. 2024 Also, at the beginning of 2024, Amazon extended the useful life of its servers from five years to six, a change that boosted the operating margin by 200 basis points, or 2 percentage points. Jordan Novet, CNBC, 2 Nov. 2024 As the plant nears its 60th year, essential equipment is reaching the end of its useful life. Nai Hsueh, The Mercury News, 11 Aug. 2024 The model suggests a $286K loss per vehicle over its useful life. Gustavo Castillo, Forbes, 9 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 Dec. 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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