What is amortization?
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in business amortization refers to spreading payments over multiple parents the term is used for two separate process amortization of loans and amortization of assets in the latter case it refers to allocating the cost of an integer pbel asset over a period of time
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What is lotted cannot be blotted. change it active voice. please!
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Amortisation is a gradual and systematic writting-offintangible asset over its estimated useful life. For example:-patents ,purchased goodwill, copyrights etc
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