Definition

Absolute Physical Life

Absolute Physical Life is the period of use after which an asset has deteriorated to such an extent that it can no longer be used.

Share it:  Cite

More from this Section

  • Advance Clause Credit
    Advance Clause Credits are documentary credits incorporate a clause which authorises the ...
  • Reverse repo
    Reverse repo is an arrangement whereby the Fed sells securities and the buyer agrees to ...
  • Foreign investment risk matrix (FIRM)
    Foreign investment risk matrix (FIRM) refers to a graph that displays financial and political ...
  • Capitation fee
    Capitation fee is a method of payment in managed care plans by which a physician or hospital ...
  • Average cost of capital
    A firm's required payout to bondholders and stockholders expressed as a percentage of ...