单词 | accumulated amortization |
释义 | accumulated amortizationDefinition The total sum of the costs of paying off a loan taken out to purchase an asset that has thus far accrued. For example, the amount of accumulated amortization that a manufacturing business has accrued on a straight line basis by gradually paying off a mortgage on its factory is typically equal to the total amount it has paid toward servicing the regular principal and interest payments for that mortgage loan. |
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