Business Studies, asked by reubendavidd, 1 month ago

Can anyone tell me briefly Amortization for easy understanding​

Answers

Answered by msaha9143
1

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.

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