straight-line method

Definitions of straight-line method
  1. noun
    (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
    synonyms: straight-line method of depreciation
    see moresee less
    type of:
    depreciation, wear and tear
    decrease in value of an asset due to obsolescence or use
Word Family