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Depreciable Cost
The total cost of a fixed asset that is allocated to depreciation expense over the asset's useful life, calculated as the asset's cost minus its salvage value.
Straight-Line Rate
A method of calculating depreciation of an asset, which assumes the asset will lose an equal amount of value each year over its useful life.
Annual Straight-Line Depreciation
A method of calculating the depreciation of an asset, spreading its cost evenly over its useful life.
Straight-Line Depreciation Rate
A method of calculating the depreciation of an asset, where the asset's cost is evenly distributed over its useful life.
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