What Is Amortization

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Posted on September 28, 2018 at 06:51 AM



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Amortization (business) - Wikipedia
In business, amortization refers to spreading payments over multiple periods. The term is used for two separate processes: amortization of loans and amortization of assets. In the latter case it refers to allocating the cost of an intangible asset over a period of time. ...
What is Amortization? - AccountingCapital
What is amortization? Amortization. Reduction in the value of an intangible asset by prorating its cost over a period of time (generally in multiple accounting periods) is called Amortization. Point worth remembering is that it can only be done for intangible assets such as copyrights, patents, trademarks, goodwill, etc.
What is the difference between amortization and depreciation?
An amortization schedule is often used to calculate a series of loan payments consisting of both principal and interest in each payment as in the case of a mortgage.

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