Overview

straight-line depreciation


Show Summary Details

Quick Reference

The system of accounting for depreciation on an asset by taking an assumed life, say n years, and charging depreciation at the rate of (1/n) of its cost each year until it is fully written down. The system is so named because if the remaining value is plotted against time on a graph the result is a downward-sloping straight line.

Subjects: Economics.


Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.