English dictionary
straight-line method meaning and definition
Definition and meaning of straight-line method at MeaningMonkey.org. straight-line method meaning and definition in the English Dictionary.STRAIGHT-LINE METHOD noun
Definition of straight-line method (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: straight-line method of depreciation
Source: Princeton University Wordnet