STRAIGHT-LINE METHOD OF DEPRECIATION
(noun)Definitions
There is 1 meaning of the phrase
Straight-Line Method Of Depreciation.
Straight-Line Method Of Depreciation - 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 straight-line method of depreciation evenly allocates the cost of an asset over its useful life."
"Under the straight-line method of depreciation, the annual depreciation expense is the same throughout the asset's useful life."
"The straight-line method of depreciation is commonly used for accounting purposes."
"The company decided to use the straight-line method of depreciation for their new equipment."
"Using the straight-line method of depreciation, the value of the asset decreases steadily over time."
Word Variations & Relations
A-Z Proximities
- straight-backed
- straight-billed
- straight-grained
- straight-laced
- straight-legged
- Straight-Line Method Of Depreciation
- straight-out
- straightarrow
- straightaway
- straightaways
- straightbred