Useful Life - Law Dictionary Search Results
useful life
Matched in: Term useful life
Lived
Having life used only in composition as long lived short lived
Mae West
An inflatable life jacket originally used as a personal flotation device by aviators downed at sea
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depreciation
current repairs and is carried on company books as a yearly charge amortizing the original cost over the useful life of the property accelerated depreciation : the depreciation of property that was put into use prior to 1980
Food
used as food would be foodstuff. Therefore, foodstuff is that which is taken into the system to maintain life and growth and to supply waste of tissue. If the raw foodstuff with a view to making it
Dower
special tail, which she holds from and after his decease, in severalty by metes and bounds, for her life, whether she have issue by her husband or not, and of what age soever she may be at
life insurance
Matched in: Term life insurance
salvage value
the actual or estimated value realized on the sale of a fixed asset at the end of its useful life NOTE: Salvage value is used in calculating depreciation.
lease
lease : a lease of property and esp. equipment for a term which is shorter than the property's useful life and in which the lessor is responsible for certain expenses (as taxes) per·pet·u·al lease [pər-pe-ch-wəl-] : a lease
capital improvements
capital improvements property improvements that either will enhance the property value or will increase the useful life of the property. Source: U.S. Department of Housing and Urban Development
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