service life

Definitions

Accounting

Cars & Driving

  • noun the length of time a component or system will remain reliable and safe

Electronics

  • The cumulative length of time that a component, circuit, device, piece of equipment, system, or material is used for its intended purpose.
  • The average length of time that a component, circuit, device, piece of equipment, system, or material can be used for its intended purpose.
  • The service life (2) as stated by a manufacturer.
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