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Topical Terminology > Straight-line Depreciation



3 Definitions

Straight-Line Depreciation

For Straight-Line Depreciation we have terms and definitions in 3 topics. The topics are Accounting, Accounting Terms and Finance.



Straight-line Depreciation (Accounting)

ACCOUNTING method that reflects an equal amount of wear and tear during each period of an ASSET'S useful life. For instance, the annual STRAIGHT-LINE DEPRECIATION of a $2,500 asset expected to last five years is $500. (See ACCELERATED DEPRECIATION.)


Straight-line Depreciation (Accounting Terms)

ACCOUNTING method that reflects an equal amount of wear and tear during each period of an ASSET'S useful life. For instance, the annual STRAIGHT-LINE DEPRECIATION of a $2,500 asset expected to last five years is $500. (See ACCELERATED DEPRECIATION.)


Straight-line Depreciation (Finance)

Amortizing or apportioning an equal dollar amount of depreciation in each accounting period.


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