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