straight-line method
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 292 U.S. 151 - Lindheimer v. Illinois Bell Telephone Co. · 1934Most cited · 560 citing opinions
By this method the annual depreciation charge is obtained by dividing the estimated service value by the number of years of estimated service life. The method is designed to spread evenly over the service life of the property the loss which is realized when the property is ultimately retired from service.
How often courts cite the case defining “straight-line method”
Court decisions citing the opinion that defined “straight-line method” — 557 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.