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Definition of Straight-line method of depreciation
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.
Exact synonyms: Straight-line Method
Category relationships: Accounting
Generic synonyms: Depreciation, Wear And Tear
Category relationships: Accounting
Generic synonyms: Depreciation, Wear And Tear