straight-line method

1. 1.

   (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

   Synonymsstraight-line method of depreciation

   Broaderdepreciation

   accounting

Questions about straight-line method

What does straight-line method mean?

straight-line method means "(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".

What is another word for straight-line method?

Close synonyms include straight-line method of depreciation. Each sense on this page lists its own synonyms, because a word with several meanings rarely has one substitute that works for all of them.

Is straight-line method a common word?

straight-line method is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.