The phrase "estimated life" refers to the expected duration or length of time something is projected to last or be in use. It is an estimation based on various factors and predictions. Full definition
The current estimated mine life of 13 years is calculated on the assumption of a gold price of approximately $ 1,200 / oz. (tocqueville.com)
Now you can use a term life insurance calculator to help you quickly and easily estimate your life insurance needs in just a couple of minutes. (term-life-online.com)
The report includes a breakout of estimated lives saved in 2009 by state due to various safety systems and equipment. (transportation.gov)