Total potential operating life, as of a machine, as contrasted with useful or economic life, which may be much less because of the presence of obsolescence or inadequacy, or both.
N.Y. Comp. Codes R. & Regs. Tit. 10 § 441.255
Total potential operating life, as of a machine, as contrasted with useful or economic life, which may be much less because of the presence of obsolescence or inadequacy, or both.
N.Y. Comp. Codes R. & Regs. Tit. 10 § 441.255