straight-line method of depreciation

Noun
  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 (synset 113349600)
    referred to in: accounting - a system that provides quantitative information about finances
    is a type of: depreciation, wear and tear - decrease in value of an asset due to obsolescence or use
    same as: straight-line method

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