Straight-line method of depreciation/streɪt-laɪnmˈɛθədəvdɪprˌiʃiˈeɪʃən/Listen
Straight-line method of depreciation
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.