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TeachMeFinance.com - explain Life-Cycle Cost Life-Cycle Cost The term 'Life-Cycle Cost ' as it applies to the area of photovoltaics can be defined as 'The estimated cost of owning and operating a system for the period of its useful life. See Economics section for definition of terms'. Previous 5 Terms: lienal Life Life cycle Life extension life zone Next 5 Terms: Lifetime Reserve Days Lifetime Reserve Days (Medicare) LIFR Lift Lift line 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". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.