Remaining Economic Life

1 Posts
1 Sections
1 Types

January 1, 1 6 min read Definitions

Remaining Economic Life Asset Valuation Functional Obsolescence Real Estate Economics Useful Life

Remaining economic life refers to the likely future period during which an asset is expected to generate a positive contribution to its value. It measures how long an asset will continue to be economically useful, considering various factors like wear, functional obsolescence, and market conditions.