USEFUL LIFE Definition

Bookmark and Share

USEFUL LIFE is the expected period of time, in years, during which a depreciating asset will be productive.

Learn new Accounting Terms

ITC is International Trade Commission, Investment Tax Credit, Input Tax Credit (Canadian GST refund for businesses), etc.

TESTIMONY is evidence given by a competent witness under oath.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.