Straight line depreciation

Depreciation and Amortization
Vocabulary Term #837
Noun (thing)
US
UK
Straight line depreciation
US
UK
the method for reducing the value of a tangible asset by equal amounts over its useful life
US
UK
"Not having much experience in accounting, he chose the straight line method of depreciation as it appeared to be the easiest to understand."
Accounting, Banking, and Finance dictionary
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