Asset life definition
Asset life means, in the case of-
Asset life means ten years from the date of Operational Readiness.
Asset life means the average number of years of service for a given asset account. All items within that asset account will depreciate within a fixed number of years and' each will be depreciated to zero at the same point in time.
Examples of Asset life in a sentence
The Supplier shall take responsibility for cleaning all internal cleanable areas including but not limited to fixtures, fittings, furniture and finishes, to minimise degradation and maintain Asset life cycle.
More Definitions of Asset life
Asset life means the refresh lifecycle defined for that class of Asset in the SOW.