ELI5: Explain Like I'm 5

Product lifetime

Product lifetime is how long a product will last and be used before it needs to be replaced. For example, a television might last 10 years before it needs to be replaced. Product lifetime can be different for different products. A light bulb might last for 1000 hours, or a toy car might last for only a few months. Sometimes, you have to replace a product if something breaks. But, whatever the product is, it has a lifetime - which is how long it is expected to last.