Amortisation is term related to ?
Answers
Answer:
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.
Explanation:
the action or process of gradually writing off the initial cost of an asset.
the action or process of gradually writing off the initial cost of an asset."due to the amortization of initial costs, the risks of negative working capital are mitigated"
the action or process of gradually writing off the initial cost of an asset."due to the amortization of initial costs, the risks of negative working capital are mitigated"the action or process of reducing or paying off a debt with regular payments.
the action or process of gradually writing off the initial cost of an asset."due to the amortization of initial costs, the risks of negative working capital are mitigated"the action or process of reducing or paying off a debt with regular payments."because of amortization, you’ll own your home by the end of the loan term"
the action or process of gradually writing off the initial cost of an asset."due to the amortization of initial costs, the risks of negative working capital are mitigated"the action or process of reducing or paying off a debt with regular payments."because of amortization, you’ll own your home by the end of the loan term"a period in which a debt is reduced or paid off by regular payments.
the action or process of gradually writing off the initial cost of an asset."due to the amortization of initial costs, the risks of negative working capital are mitigated"the action or process of reducing or paying off a debt with regular payments."because of amortization, you’ll own your home by the end of the loan term"a period in which a debt is reduced or paid off by regular payments."75% of the mortgages have an amortization of 25 years or less"
Amortization is an accounting technique used to periodically lower the book value of a loan or intangible asset over a set period of time. In relation to a loan, amortization focuses on spreading out loan payments over time. When applied to an asset, amortization is similar to depreciation.
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