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Straight-line method
/streɪt-laɪn
mˈɛθəd/
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Straight-line method
noun
1.
(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.
Synonym:
straight-line method of depreciation
.
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Etymology of 'Straight-line method'
Related search:
straight-line method of depreciation
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