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Straight-Line Depreciation
A method of allocating the cost of a tangible asset over its useful life in an equal amount per year.
Yearly Depreciation Expense
The allocation of the cost of a tangible asset over its useful life on an annual basis.
Depreciable Cost
The cost of a fixed asset minus its salvage value, representing the total amount that can be depreciated over its useful life.
Straight-Line
A method of calculating depreciation or amortization that allocates an equal portion of an asset's cost to each period of its useful life.
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