straight-line method of depreciation

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

   Broaderdepreciation

   accounting

Questions about straight-line method of depreciation

What does straight-line method of depreciation mean?

straight-line method of depreciation 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 of depreciation?

Close synonyms include straight-line method. 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.