straight-line method of depreciation

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Noun1.straight-line method of depreciation - (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
accounting - a system that provides quantitative information about finances
wear and tear, depreciation - decrease in value of an asset due to obsolescence or use
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She depreciates the room under IRC section 168 as nonresidential real property using the optional depreciation table that corresponds with the general depreciation system, the straight-line method of depreciation, a 39-year recovery period, and the midmonth convention.
Straight-line method of depreciation: The method of allocating the cost of an asset evenly over the life of the asset.