straight line method
1straight-line method — UK US noun [S] ACCOUNTING ► a way of depreciating (= reducing the value of) a fixed asset in a company s accounts, in which the asset s value is reduced by the same amount each year. This amount is equal to the asset s value when you can no… …
2straight line method — ➔ method …
3straight-line method — n. A method for figuring depreciation of an asset by subtracting the anticipated salvage value, and then dividing the remainder by the estimated number of years of its usefulness. Webster s New World Law Dictionary. Susan Ellis Wild. 2000 …
4straight-line method — noun (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 • Syn: ↑straight line method of depreciation • Topics: ↑accounting • Hypernyms:… …
5straight-line method of depreciation — noun (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 • Syn: ↑straight line method • Topics: ↑accounting • Hypernyms: ↑depreciation, ↑ …
6straight-line method — A method of calculating the amount by which a fixed asset is to be depreciated in an accounting period, in which the depreciation to be charged against income is based on the original cost or valuation, less the asset s estimated net residual… …
7straight-line method — A method of calculating the amount by which a fixed asset is to be depreciated in an accounting period, in which the depreciation to be charged against income is based on the original cost or valuation, less the asset s estimated net residual… …
8straight line — ˌstraight ˈline adjective ACCOUNTING the straight line method of calculating depreciation (= fall in value) on an asset involves dividing the original cost of the asset, less its value as scrap, by the number of years it is expected to be used.… …
9straight–line — adj: marked by equal payments over a given term using the straight–line method of depreciation Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …
10straight line depreciation — /streɪt laɪn dɪpriɪʃiˌeɪʃ(ə)n/ noun depreciation calculated by dividing the cost of an asset, less its remaining value, by the number of years it is likely to be used COMMENT: Various methods of depreciating assets are used; under the ‘straight… …
