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Definitions and Synonyms of straight-line method of depreciation | Another word for straight-line method of depreciation | What is straight-line method of depreciation?

Definition 1: (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 - [noun denoting possession]

Synonyms for straight-line method of depreciation in the sense of this definition

(straight-line method of depreciation is a kind of ...) decrease in value of an asset due to obsolescence or use

(straight-line method of depreciation belongs to category ...) a system that provides quantitative information about finances

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