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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.

Related Terms

double-declining balance depreciation method -  More

Sum-of-the-Years'-Digits Method -  More

Modified ACRS -

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