economic life


Also found in: Financial.

economic life

[‚ek·ə′näm·ik ′līf]
(industrial engineering)
The number of years after which a capital good should be replaced in order to minimize the long-run annual cost of operation, repair, depreciation, and capital. Also known as project life.
References in classic literature ?
I know that it is futile to, spurn them, or lash them for trying to get on in the world, and that the world is what it must be from the selfish motives which underlie our economic life.
Available as an extension to its industry-leading InfoMaster asset management software, InfoMaster LCCA dramatically expands the softwares powerful predictive analytics for enhanced reinvestment decisions by using a rigorous risk-based economic life cycle planning approach to accurately estimate the lifetime performance of water and wastewater pipes plus an in-depth view of the long-term costs of maintaining, operating, upgrading and replacing them.
This meeting is an opportunity to reiterate Tunisia's commitment to the values of modernity as well as to women's gains and its determination to strengthen their presence in decision-making positions with the ultimate goal of increasing their participation rate in economic life from 28% to 35% by 2020, she added.
Adams presents students, academics, and researchers with an examination of the social and economic life of the people of Judea during the Second Temple Period.
This research handbook, edited by Figart (Richard Stockton College of New Jersey) and Warnecke (Rollins College), reviews the literature on the relationship between gender and economic life, stressing gender as a social construction and adopting a broad definition of economic life that sees it as a process of provisioning for well-being and thus moves towards a more multidimensional understanding of economic practices than is standard to the field of economics.
SANA'A, March 31 (Saba) - President Adviser for Women's Affairs Faiqah al-Sayed discussed here on Monday with Regional Director for Middle East, Eastern Europe, Commonwealth of Independent States at Oxfam Olga Ghazaryan means to enlarge gender and women's participation in political and economic life.
WASHINGTON (PAN): Led by the US and Germany, the international community on Thursday came out with an ambitious vision of a New Silk Route that Secretary of State Hillary Clinton said would make Afghanistan firmly embedded in the economic life of a thriving South and Central Asia.
The third updated edition of The Sociology of Economic Life remains a top pick for any college-level library interested in a blend of modern and classic readings in economic sociology, and will reach social issues and economics collections alike with its history of the field and discussions of trends.
The most critical aspect to leasing is understanding the economic life of a lift truck," says Gabriel.
Shadi Ali Faqih and Nadim Asaad Abdo were fined LL10 million for damages aimed at the prince through a book they planned to publish about the royal's political and economic life.
then demonstrates how his biblically-based conception of economic justice is relevant for contemporary economic life.
Now each of the councils needs to consider replacing its fleet of Kerb-It vehicles over the next two years as they have come to the end of their economic life.