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Definition of Straight-line method
1. Noun. (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.
Category relationships: Accounting
Generic synonyms: Depreciation, Wear And Tear
Lexicographical Neighbors of Straight-line Method
Literary usage of Straight-line method
Below you will find example usage of this term as found in modern and/or classical literature:
1. Valuation of Public Service Corporations: Legal and Economic Phases of by Robert Harvey Whitten (1914)
"Assuming the straight-line method of computing the accrued depreciation and the
annual ... The straight-line method does not assume a payment in part, ..."
2. Valuation of Public Service Corporations: Legal and Economic Phases of by Robert Harvey Whitten (1914)
"Assuming the straight-line method of computing the accrued depreciation and the
annual ... The straight-line method does not assume a payment in part, ..."
3. Public Utilities: Their Cost New and Depreciation by Hammond Vinton Hayes (1913)
"Creation of reserve fund by "straight line" method. ... In the case of some
undertakings, the "straight line" method may be the wiser, with others the ..."
4. Public Utilities: Their Cost New and Depreciation by Hammond Vinton Hayes (1913)
"This method of amortization is known as the "straight line " method, ... In the
case of some undertakings, the "straight line" method may be the wiser, ..."
5. Public Utilities; Their Cost New and Depreciation by Hammond Vinton Hayes (1913)
"This method of amortization is known as the "straight line " method, ... In the
case of some undertakings, the "straight line" method may be the wiser, ..."
6. Accounting Theory and Practice by Roy Bernard Kester (1918)
"PROPORTIONAL METHODS (a) Straight Line Method The straight line method is, first
of all, simple in application and can easily be adapted to any asset under ..."
7. The Fundamentals of Accounting by William Morse Cole, Anne Elizabeth Geddes (1921)
"The straight oblique line shows the valuation of the machine under the straight-line
method, beginning at $1000, passing the end of year I at the level of ..."
8. The Fundamentals of Accounting by William Morse Cole, Anne Elizabeth Geddes (1921)
"The straight oblique line shows the valuation of the machine under the straight-line
method, beginning at $1000, passing the end of year I at the level of ..."
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