straight line depreciation
Definition
A method of calculating the depreciation of an asset which assumes the asset will lose an equal amount of value each year. The annual depreciation is calculated by subtracting the salvage value of the asset from the purchase price, and then dividing this number by the estimated useful life of the asset.
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Related Terms
double-declining balance depreciation method, Sum-of-the-Years'-Digits Method, Modified ACRS, Accelerated Depreciation
'straight line depreciation
' appears in the definitions of these other terms on BusinessDictionary.com
declining balance depreciation, double declining-balance depreciation, accelerated cost recovery system (ACRS), accelerated depreciation
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