Absolute Physical Life


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 associated with assets that have low risk of becoming technically obsolete.

When looking at the life of an asset, people can take contrasting perspectives. For example, let's examine a manager's decision to purchase new computers for his or her business. The manager may decide to base the decision on how long it will be until the computers become obsolete by conventional standards. On the other hand, if the manager isn't worried about having older technology, he or she may care only about the absolute physical life of the computers, which can be considerably longer.


Investment dictionary. . 2012.

Look at other dictionaries:

  • 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

  • Life —    Generally of physical life (Gen. 2:7; Luke 16:25, etc.); also used figuratively (1) for immortality (Heb. 7:16); (2) conduct or manner of life (Rom. 6:4); (3) spiritual life or salvation (John 3:16, 17, 18, 36); (4) eternal life (Matt. 19:16,… …   Easton's Bible Dictionary

  • physical science — physical scientist. 1. any of the natural sciences dealing with inanimate matter or with energy, as physics, chemistry, and astronomy. 2. these sciences collectively. [1835 45] * * * Introduction       the systematic study of the inorganic world …   Universalium

  • Absolute dating — is the process of determining a specific date for an archaeological or palaeontological site or artifact. Some archaeologists prefer the terms chronometric or calendar dating, as use of the word absolute implies a certainty and precision that is… …   Wikipedia

  • Physical Sciences — ▪ 2009 Introduction Scientists discovered a new family of superconducting materials and obtained unique images of individual hydrogen atoms and of a multiple exoplanet system. Europe completed the Large Hadron Collider, and China and India took… …   Universalium

  • Physical attractiveness — …   Wikipedia

  • Absolute rotation — In physics, the consideration of absolute rotation rotation independent of any external reference is a topic of debate about relativity, cosmology, and the nature of physical laws. The question of whether absolute rotation is meaningful is… …   Wikipedia

  • Absolute Garbage — Infobox Album Name = Absolute Garbage Type = Greatest Hits Artist = Garbage Released = flagicon|World July 23, 2007 flagicon|USA July 24, 2007 flagicon|Europe July 27, 2007 flagicon|Canada July 31, 2007 flagicon|Japan September 5, 2007 Genre =… …   Wikipedia

  • 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

  • Physical law — A physical law or scientific law is a scientific generalization based on empirical observations of physical behavior (i.e. the law of nature [ E.g. an observable law relating to natural phenomena. Oxford Dictionary] ). Laws of nature are… …   Wikipedia