Definition: Asset life

Category: System of Environmental-Economic Accounting

Expected time over which an asset can be used in production or expected time over which extraction from a natural resource can take place. http://ec.europa.eu/eurostat/product?code=KS-01-14-120&mode=view
Source:
United Nations; European Union; Food and Agriculture Organization of the United Nations (FAO); International Monetary Fund (IMF); Organisation for Economic Co-operation and Development (OECD); The World Bank, "System of Environmental-Economic Accounting 2012 - Central Framework", New York, 2014
Created:
Updated: