absolute physical life

absolute physical life
The period of use after which an asset has deteriorated to such an extent that it can no longer be used. Bloomberg Financial Dictionary

Financial and business terms. 2012.

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  • Absolute Physical Life — The length of time that it takes for an asset takes to become fully depreciated, at which time it provides no additional use. The absolute physical life is often taken into consideration when companies purchase assets. The measure is typically… …   Investment dictionary

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  • Absolute zero — For other uses, see Absolute Zero (disambiguation). Absolute zero is the theoretical temperature at which entropy reaches its minimum value. The laws of thermodynamics state that absolute zero cannot be reached using only thermodynamic means. A… …   Wikipedia

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