The straight edge ruler is about as basic a measuring tool as you can own. Perfect for measuring, drawing and/or cutting straight lines on most materials, including upholstery and glass.
Straight grain wood
Wood grain that is fine and almost parallel.
Straight joint
The usual style of laying tile where all the joints are in alignment.
Straight lease
Lease that requires periodic equal rental payments that will not change for the term of the lease. Also known as a flat lease.
Straight mortgage or deed of trust
Ownership of real estate is placed with one or more trustees as security until a loan is repaid by the debtor and is used instead of conventional mortgages in some states. The deed of trust stipulates that, in the event of default, the trustee would liquidate the property for the benefit of the lender in a trustee's sale.
Straight note
Loan agreement requiring only interest payments over the term of the loan with a balloon payment, of the entire debt balance, due at the end of the term.
Straight pipe threads
A special kind of straight thread used only on iron pipe, toilet, and faucet fittings. A cone seal or gasket is usually included because straight threads will not form a complete seal without a gasket of some kind.
Straight router bit
Straight router bits are used for trimming edges in jointing operations and grooving for dado and rabbet cuts.
Straight stop
An emergency stop valve that is usually installed before the water supply line to toilets and faucets. Similar to angle stops but the line does not change direction.
Straight-line depreciation
Equal annual reductions in the book value of property. It is used in accounting for replacement and tax purposes. The depreciation method where an equal amount of depreciation expense is allocated to each full period of the asset's useful life.
