Library / English Dictionary

    STRAIGHT-LINE METHOD OF DEPRECIATION

    Pronunciation (US): Play  (GB): Play

     I. (noun) 

    Sense 1

    Meaning:

    (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 lifeplay

    Synonyms:

    straight-line method; straight-line method of depreciation

    Classified under:

    Nouns denoting possession and transfer of possession

    Hypernyms ("straight-line method of depreciation" is a kind of...):

    depreciation; wear and tear (decrease in value of an asset due to obsolescence or use)

    Domain category:

    accounting (a system that provides quantitative information about finances)

    Credits


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