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Amortization Definition | Canadian Mortgage, Insurance, & Financial Glossary
Amortization Definition Canadian Mortgage Insurance Financial Glossary
Definition of Amortization Schedule | Chegg.com
Definition of Amortization Schedule Chegg com
Amortization - definition and meaning - Market Business News
Amortization - definition and meaning - Market Business News
What is a Carrying Value of a Bond? - Definition | Meaning | Example
What is a Carrying Value of a Bond - Definition Meaning Example
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amortization financial definition of : Amortization The repayment of a loan by installments. Amortization 1. A tax deduction for the gradual consumption of the value of an asset, especially an intangible asset. For example, if a company spends $1 million on a patent that expires in 10 years, it amortizes the expense by deducting $100,000 from its taxable income over the course of 10 years ...Amortization 1. A tax deduction for the gradual consumption of the value of an asset, especially an intangible asset. For example, if a company spends $1 million on a patent that expires in 10 years, it amortizes the expense by deducting $100,000 from its taxable income over the course of 10 years. It is often used interchangeably with depreciation ...Amortization is the paying off of debt with a fixed repayment schedule in regular installments over a period of time for example with a mortgage or a car loan. It also refers to the spreading out ...Amortization of Assets. Amortization means something different when dealing with assets, specifically intangible assets, which are not physical, such as branding, intellectual property, and trademarks. In this setting, amortization is the depreciation of such assets, over time, as marked by a company’s accounting team.Amortization is a term people commonly use in finance and accounting. However, the term has several different meanings depending on the context of its use. Amortization may refer the liquidation of an interest-bearing debt through a series of periodic payments over a certain period.The length of time over which various intangible assets are amortized vary widely, from a few years to as many as 40 years. As a general rule, an asset should be amortized over its estimated useful life, or the maturity or loan period in the case of a bond or a loan. If an intangible asset has an indefinite life, such as goodwill, it cannot be amortized.Amortization definition is - the act or process of amortizing. Recent Examples on the Web. The system’s earnings before interest, depreciation and amortization, or EBIDA, an approximate measure of the system’s operating cash flow, rose 12% from the previous year to $107.3 million. — Ginger Christ, cleveland.com, "MetroHealth to launch local radiology centers, expand telehealth to college ...Amortization is recorded in the financial statements of an entity as a reduction in the carrying value of the intangible asset in the balance sheet and as an expense in the income statement. Under International Financial Reporting Standards, guidance on accounting for the amortization of intangible assets is contained in IAS 38.Amortization is the practice of spreading an intangible asset's cost over that asset's useful life.Intangible assets are not physical assets, per se. Examples of intangible assets that are ...amortization definition: The definition of amortization is the process of setting aside money to pay off a debt over time. (noun) The yearly premium for car insurance divided into monthly payments is an example of amortization. ...
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