Meaning of “depreciable life” in the English Dictionary

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"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 lose value) in a company's accounts:

Tractors have a depreciable life of seven years, according to the current tax regulations.

(Definition of “depreciable life” from the Cambridge Business English Dictionary © Cambridge University Press)