What is the meaning of straight-line method?

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. (.
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). straight-line method. Retrieved September 23, 2026, from http://smartdefine.org/straight-line_method/definitions/1242842
ChicagoWordNet. 2010. "straight-line method" http://smartdefine.org/straight-line_method/definitions/1242842 (accessed September 23, 2026).
HarvardWordNet 2010, straight-line method, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/straight-line_method/definitions/1242842>.
MLAWordNet. "straight-line method" 23 October 2010. Web. 23 September 2026. <http://smartdefine.org/straight-line_method/definitions/1242842>
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