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What does EUL stand for?

EUL stands for Economic Useful Life

This definition appears somewhat frequently and is found in the following Acronym Finder categories:

  • Military and Government
  • Business, finance, etc.

See other definitions of EUL

Other Resources:
We have 19 other meanings of EUL in our Acronym Attic

Samples in periodicals archive:

It was noted that commentators, including TEI, uniformly disagreed with the proposed regulations' equating the economic useful life of an asset with the taxpayer's Applicable Financial Statement (AFS) (1) or "book" life for purposes of determining whether an expenditure should be capitalized as a restoration.
The factors examined include whether the taxpayer and the industry treat the component part as part of a larger unit of property for regulatory or management purposes, whether the economic useful life of the component is the same as the economic useful life of the larger unit of property, whether the larger unit of property and the smaller unit of property can function independently, and whether the component part can be maintained while affixed to the larger unit of property.
9) For this purpose, an asset's economic useful life is determined by reference to the taxpayer's treatment of the item as capital or expense in its "applicable financial statement" if it has one (such as an SEC filing or another certified financial statement produced for a substantive, non-tax purpose).