Definitions, Translations, and Word of the Day
Definition of "straight-line method" []
- (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 (noun)
WordNet. Princeton University. 2010.
Use "straight-line method" in a sentence
- "If the item is used less than 50% of the time for business purposes, you must use the slower straight-line method of deprédation."
Words like "straight-line method"