life expectancy

life expectancy
The length of time that an average person is expected to live, which is used by insurance companies use to make projections of benefit payouts. Bloomberg Financial Dictionary

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life expectancy ˌlife exˈpectancy noun life expectancies PLURALFORM [countable]
1. INSURANCE the age someone will probably live to, used by insurance companies when working out the risk of insuring them:

• Sixty-year-old men who still smoke have a life expectancy of less than 12 years.

2. the average number of years that something such as an electrical product will last

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life expectancy UK US noun [C or U]
(also expectation of life) the length of time that a person is likely to live: »

Life expectancy is the major factor influencing senior life insurance premiums.

the length of time that something such as an electrical product is likely to last: »

As technology becomes more sophisticated, the life expectancy of household gadgets seems to diminish.

Financial and business terms. 2012.

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Look at other dictionaries:

  • life expectancy — life ex·pec·tan·cy n: the average life span of an individual Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. life expectancy n. The number of y …   Law dictionary

  • life expectancy — life expectancies N UNCOUNT: also N in pl The life expectancy of a person, animal, or plant is the length of time that they are normally likely to live. The average life expectancy was 40... Smoking reduces life expectancy. Syn: lifespan …   English dictionary

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  • life expectancy — ► NOUN ▪ the period that a person may expect to live …   English terms dictionary

  • life expectancy — n. the statistically probable length of time that a typical individual can be expected to live …   English World dictionary

  • Life expectancy — This article is about the measure of remaining life. For the Dean Koontz novel, see Life Expectancy (novel). For List of countries by life expectancy, see List of countries by life expectancy. Life expectancy is the expected (in the statistical… …   Wikipedia

  • life expectancy — noun an expected time to live as calculated on the basis of statistical probabilities • Hypernyms: ↑anticipation, ↑expectancy * * * noun, pl ⋯ cies : the average number of years that a person or animal can expect to live [noncount] improvements… …   Useful english dictionary

  • Life Expectancy — 1. The age until which a person is expected to live. 2. The remaining number of years an individual is expected to live, based on IRS issued life expectancy tables. The life expectancy, for required minimum distribution (RMD) calculation purposes …   Investment dictionary

  • life expectancy — numatoma gyvenimo trukmė statusas T sritis biomedicinos mokslai apibrėžtis Vidutinis metų skaičius, liekantis gyventi asmenims nuo tam tikro amžiaus, esant dabarties mirtingumui. Šis rodiklis gali būti skaičiuojamas nuo gimimo – numatoma viso… …   Lithuanian dictionary (lietuvių žodynas)

  • life expectancy — UK / US noun [countable/uncountable] Word forms life expectancy : singular life expectancy plural life expectancies 1) the length of time that someone is likely to live 2) the length of time that something lasts or remains useful …   English dictionary

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