Definitions
There is 1 meaning of the phrase
Straight-Line Method.
Straight-Line Method - as a 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
Synonyms (Exact Relations)
straight-line method of depreciationExample Sentences
"The company depreciates its assets using the straight-line method."
"The straight-line method is widely used for calculating depreciation expenses."
"Under the straight-line method, the value of an asset decreases equally over its useful life."
"By using the straight-line method, the accountant evenly spreads the cost of an asset over its lifetime."
"The straight-line method assumes a constant reduction in value for the asset each period."
