Straight-line (noun) Definition, Meaning & Examples

adjective
  1. Machinery.
    • noting a machine or mechanism the working parts of which act or are arranged in a straight line.
    • noting a mechanism for causing one part to move along a straight line.
  2. denoting uniform allocation, as in calculating the total depreciation over the life of a depreciable asset, dividing that into equal parts, and depreciating each segment at regular intervals.
noun (modifier)
  1. (of a machine) having components that are arranged in a row or that move in a straight line when in operation
  2. of or relating to a method of depreciation whereby equal charges are made against gross profit for each year of an asset's expected life
Straight-line (noun) Definition, Meaning & Examples

More Definitions