straight-line method

noun

Definition of straight-line method

: a method of calculating periodic depreciation that involves subtraction of the scrap value from the cost of a depreciable asset and division of the resultant figure by the anticipated number of periods of useful life of the asset — compare compound-interest method

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Cite this Entry

“Straight-line method.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/straight-line%20method. Accessed 29 May. 2022.

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