Meaning Asset life
What does Asset life mean? Here you find 2 meanings of the word Asset life. You can also add a definition of Asset life yourself

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Asset life


The time from the date of installation (when new) of an asset (or part) until the asset (or part) has to be replaced. The remaining asset life is recorded from the present. Asset lives for the current asset base are estimated and only known exactly after the asset has been replaced.
Source: waterindustryforum.com (offline)

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Asset life


period from asset creation to asset end-of-life
Source: theiam.org (offline)




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