The-definition.com

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

  • Bust-up takeover
    Bust-up takeover is an acquisition followed by divestment of some or all of the operating ...
  • Crawling peg
    Crawling peg refers to a foreign exchange rate system in which the exchange rate is adjusted ...
  • Garn-St Germain Depository Institutions
    Garn-St Germain Depository Institutions Act is the a deregulation law, passed in 1982 ...
  • Swap Transactions
    A swap transaction involves a spot transaction along with a corresponding forward contract ...
  • Petrodollars
    Petrodollars deposits of dollars by countries that receive dollar revenues due to the ...