What is the meaning of straight-line method of depreciation?

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
9
 
|15 years ago|285 views|share |citing 
APAWordNet. (2010). straight-line method of depreciation. Retrieved September 23, 2026, from http://smartdefine.org/straight-line_method_of_depreciation/definitions/1330267
ChicagoWordNet. 2010. "straight-line method of depreciation" http://smartdefine.org/straight-line_method_of_depreciation/definitions/1330267 (accessed September 23, 2026).
HarvardWordNet 2010, straight-line method of depreciation, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/straight-line_method_of_depreciation/definitions/1330267>.
MLAWordNet. "straight-line method of depreciation" 23 October 2010. Web. 23 September 2026. <http://smartdefine.org/straight-line_method_of_depreciation/definitions/1330267>