straight-line method of depreciation
English Thesaurus
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 (noun.possession)
| hypernym | : | depreciation, wear and tear, |
| definition | : | decrease in value of an asset due to obsolescence or use (noun.possession) |
| domain category | : | accounting, |
| definition | : | a system that provides quantitative information about finances (noun.cognition) |
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