straight-line method
noun[S]
ACCOUNTINGukusa way ofdepreciating(=reducingthevalueof)afixedassetin a company'saccounts, in which the asset'svalueisreducedby the sameamounteachyear. Thisamountisequalto the asset'svaluewhen you can nolongeruse itsubtractedfromitsvaluewhen it is newdividedby thenumberofyearsyou use it for:
Depreciation ofequipmentiscalculatedusing the straight-linemethodbasedon theestimatedusefullifeof theequipment.
Compare
declining balance method
double declining balance method
sum of the years' digits method