What is the meaning of service life?

service life is the anticipated duration of an asset's usefulness.

Barry Goldsmith
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APABarry Goldsmith. (2010). service life. Retrieved September 23, 2026, from http://smartdefine.org/service_life/definitions/1163342
ChicagoBarry Goldsmith. 2010. "service life" http://smartdefine.org/service_life/definitions/1163342 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, service life, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/service_life/definitions/1163342>.
MLABarry Goldsmith. "service life" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/service_life/definitions/1163342>