Solution of the differential equation

The equation that describes exponential decay is

or, by rearranging,

Integrating, we have

where C is the constant of integration, and hence

where the final substitution, N₀ = e^C, is obtained by evaluating the equation at t = 0, as N₀ is defined as being the quantity at t = 0.

This is the form of the equation that is most commonly used to describe exponential decay. Any one of decay constant, mean lifetime or half-life is sufficient to characterise the decay. The notation λ for the decay constant is a remnant of the usual notation for an eigenvalue. In this case, λ is the eigenvalue of the opposite of the differentiation operator with N(t) as the corresponding eigenfunction. The units of the decay constant are s^-1.