straight line depreciation/amortisation

What is straight line depreciation/amortisation?

straight line depreciation/amortisation definition and meaning on Finance terms:
Depreciation/amortisation over a given period is determined by dividing the cost of the asset, less its estimated residual value, by the estimated useful life of the asset pro rata temporis. <

 

reference: https://www.ecb.europa.eu/home/glossary/html/index.en.html

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