Generic degradation equations are derived in this article based on Eyring's rate process theory by assuming that the degradation process is a chemical reaction process and obeys Eyring's rate process theory. The stresses that may induce degradations such as temperature, humidity, photonic, etc. are considered reactants participating in the reaction. The obtained equations are not bound to a specific material or product, and the stress elements that induce degradation can be single or multiple, ranging from mechanical strength, photo, humidity, electrical current, etc. They are compared with theoretically derived and empirically regressed equations in the literature. Good agreements are found between our equations and the experimental data of biological samples, like blood and protein, vitamin C, and photovoltaic modules. The correlations between the accelerated stability data and the ambient ones are provided, which can be used to predict the shelf life. Our work not only provides a universal degradation mechanism among seemingly unrelated materials/products but also offers a practical tool to assign a shelf life of a product using accelerated stability data.