Meanings
nouneconomic life (countable and uncountable, plural economic lives)
plural economic lives
- countableuncountablebusinessThe expected period of time during which an asset remains useful or profitable to its owner.
Synonyms: useful life
Synonyms & antonyms
nounThe expected period of time during which an asset remains useful or profitable to its owner.
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Cite this entry
APA
economic life. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/economic%20life
MLA
“economic life.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/economic%20life. Accessed November 5, 2026.
Chicago
WatkinsX Dictionary, s.v. “economic life,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/economic%20life.
Source: economic life on Wiktionary, CC BY-SA 4.0.