depreciable life Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “depreciable life” in the English Dictionary

"depreciable life" in Business English

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depreciable lifenoun [C]

uk   us  
ACCOUNTING, TAX the ​time over which an ​asset can be depreciated (= shown to ​losevalue) in a company's ​accounts: Tractors have a depreciable ​life of seven ​years, according to the ​currenttaxregulations.
(Definition of depreciable life from the Cambridge Business English Dictionary © Cambridge University Press)
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