The period of time that property generates economic benefits.
The period of time in which an additions to land, such as a building, contributes to the total value of a property. When value is no longer contributed, economic life has ended. Economic life is less than physical life.
The period of time during which an asset will have economic value and provide utility.
the term of time during which a property will provide a return on the initial investment of the property.
The period over which improvements to real property contribute to property value.
The period over which property may be profitably used, a product may be profitably manufactured and marketed, or a service rendered.
The period of time over which property may be used in a cost efficient manner.
The period during which an improvement on a parcel of land can be used for any beneficial purpose.
The period of time over which a property may be profitably used.
The period of time during which a given building or other improvement to property is expected to contribute (positively) to the value of the total property.
The time span over which a property is employed in its Highest and Best Use
The amount of time an improvement will add value to the land itâ€(tm)s on, or the amount of time an income-producing property will be able to provide benefits to its owner.
The amount of time by which an income producing property produces a positive cash flow.
The average expected useful life span, based upon company experience.
The period of time during which an asset will have economic value and be usable.
The length of time during which a piece of property may be put to profitable use. Usually less than its physical life.... read full article
The span of time in which a structure adds value to a property, as distinct from the number of years that the structure exists.
The number of hours a group of lamps will burn before it is economically and aesthetically advisable to group relamp (typically 60% to 75% of rated life).
The length of time an improvement to real estate can be expected to provide more value than its operating or upkeep costs.
the period during which a property can be profitable used, or the period during which a building is expected to generate more income than operating expenses.
The amount of time which any income-producing property is able to provide benefits to its owner.
Source: DSMC The period of time over which the benefits to be gained from a system may reasonably be expected.
The period of time during which a structure may reasonably be expected to per- form the function for which it was designed or intended.
That period of time in which a property has a useful life. For Veterans Administration loans, the term of the loan is normally limited to the number of years of economic life as indicated in the VA appraisal or CRV (Certificate of Reasonable Value).
The remaining useful life of an improvement or structure; that period during which an improvement will yield a return on the investment. Back to the Top
The estimated period of time during which a property can be utilized by its owner to produce income.
The average expected useful life span, based on industry standards.
That remaining period for which real estate improvements are expected to generate more income than operating expenses cost.
The period during which an asset provides value to a company. Not necessarily linked to an asset's market value or its physical life.
the period of time over which property may generate economic benefits.
The period of time during which an asset has economic value and is usuable.
The period of time a property will produce sufficient income after expenses to justify its continued operation.
The estimated period during which the equipment is expected to be economically usable by one or more users, with normal repairs and maintenance, for the purpose for which it was intended at the inception of the lease.
The number of years during which an improvement will add value to the land.
The period of time a property may be expected to be profitable or productive; useful life.
