Definition of economic life

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TeachMeFinance.com - explain economic life



economic life -- the length of time during which a piece of property may be put to profitable use. Usually less than its physical life.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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