straight-line method
Defined in 1 dictionary — Case Law
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.