straight-line method of depreciation 1
noundomain: possession
Princeton WordNet [ver.3.1]
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EnglishDefinition
(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
Synonyms
- straight-line method 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
