单词 | amortize |
释义 | amortize amortize , -ise /; AmE / verb [+ obj]
1 (Accounting ) to reduce the cost of an asset in a company's accounts over a period of time, especially an intangible asset (= one you cannot touch): Goodwill was amortized against profits every quarter for up to 20 years. The asset must be amortized over the period of its useful life. ⇨ DEPRECIATE (2), WRITE OFF
2 (Finance ) to pay back a debt by making small regular payments over a period of time
amortizable , -isable /; AmE / adjective: the amortizable assets/costs an amortizable loan
amortization , -isation /; AmE / noun [U,C]: Excluding goodwill amortization, pre-tax profits fell to $16.7 million. The lenders agreed to an improved amortization schedule. ⇨ DEPRECIATION, WRITE-OFF |
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