Straight-line depreciation

Definition
: depreciation of an asset by a fixed percentage of its original cost based on its estimated life
2 : a loss in the value of property due to physical deterioration and wear or to obsolescence and lack of adaptability

Based on Merriam-Webster's Dictionary of Law ©2001.
Merriam-Webster, Incorporated
Published under license with Merriam-Webster, Incorporated.
http://www.m-w.com

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intrinsic fraud

fraud (as by the use of false or forged documents, false claims, or perjured testimony) that deceives the trier of fact and results in a judgment in favor of the party perpetrating the fraud

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