← Back to Glossary
Useful Life (Intangible Assets)
Definition
The period over which an intangible asset is expected to contribute to future cash flows, determining the duration of amortisation. Useful life may be finite (e.g., a patent term) or indefinite (e.g., a perpetually renewed trademark), and its estimation requires careful analysis of technological, legal, and competitive factors.
Related Terms
Put this knowledge to work
Use Opagio's free tools to measure and grow the intangible assets that drive your business value.