STRAIGHT-LINE METHOD
(noun)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)
Example 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."