English Dictionary

STRAIGHT-LINE METHOD

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IPA (US): 

 Dictionary entry overview: What does straight-line method mean? 

STRAIGHT-LINE METHOD (noun)
  The noun STRAIGHT-LINE METHOD has 1 sense:

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 lifeplay

  Familiarity information: STRAIGHT-LINE METHOD used as a noun is very rare.


 Dictionary entry details 


STRAIGHT-LINE METHOD (noun)


Sense 1

Meaning:

(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

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

straight-line method; straight-line method of depreciation

Hypernyms ("straight-line method" is a kind of...):

depreciation; wear and tear (decrease in value of an asset due to obsolescence or use)

Domain category:

accounting (a system that provides quantitative information about finances)


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