The running-down or payment of financing by instalments. A good example is a repayment home loan on a home, which is amortised by making monthly obligations that more than a pre-agreed time frame cover the worth associated with loan plus interest. With loans that are not amortised, the borrower pays only interest throughout the loan and then repays the sum borrowed in full.
a yearly cost manufactured in a business's profit-and-loss account to cut back the value of an intangible asset to zero over a period of many years. A standard instance is goodwill amortisation, but that has been abolished under worldwide bookkeeping standards. The goodwill, acquired through a takeover, is as an alternative afflicted by an annual disability test.
chiefly Uk English spelling of amortization; see -ize.
the reduced total of the value of an asset by prorating its cost over a period of many years
- repayment of an obligation in some installments or transfers
- Alt. of Amortisement
- trying to repay
(letter.) Alt. of Amortisement