HyperDic: straight-line_method_of_depreciation

English > 1 sense of the expression straight-line method of depreciation:
NOUNpossessionstraight-line method of depreciation, straight-line method(accounting) a method of calculating depreciation by taking an equal amount of the asset's cost as an expense for each year of the asset's useful life
English > straight-line method of depreciation: 1 sense > noun 1, possession
Meaning(accounting) a method of calculating depreciation by taking an equal amount of the asset's cost as an expense for each year of the asset's useful life.
Synonymstraight-line method
CategoryaccountingA system that provides quantitative information about finances
Broaderdepreciation, wear and teardecrease in value of an asset due to obsolescence or use

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