STRAIGHT-LINE METHOD OF DEPRECIATION

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does straight-line method of depreciation mean? 

• STRAIGHT-LINE METHOD OF DEPRECIATION (noun)
  The noun STRAIGHT-LINE METHOD OF DEPRECIATION has 1 sense:

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

  Familiarity information: STRAIGHT-LINE METHOD OF DEPRECIATION used as a noun is very rare.

 Dictionary entry details 

• STRAIGHT-LINE METHOD OF DEPRECIATION (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 life

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

straight-line method; straight-line method of depreciation

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)