For Amortization we have terms and definitions in 28 topics. The topics are Accounting, Accounting Terms, Auto Loan, Automotive, Business, Commercial Real Estate, Construction, Dairy Production, Debt Consolidation, Economics, Employee Benefits, Energy, Finance, Financial, Financial Modeling, Foreclosure, Home Equity, Housing, International Economics, Mortgage, Natural Gas, Purchasing A Home, Real Estate, Real Estate Appraisal, Refinance, Sanitation, Securities and Tax.

Amortization (Accounting)

1. is the gradual reduction of a debt by means of equal periodic payments sufficient to meet current interest and liquidate the debt at maturity. When the debt involves real propertyoften the periodic payments include a sum sufficient to pay taxes and hazard insurance on the property. 2. is the process of spreading the cost of an intangible asset over the expected useful life of the asset. For example: a company pays $100,000 for a patentthey amortize the cost over the 16 year useful life of the patent. 3. the deduction of capital expenses over a specific period of time. Similar to depreciationit is a method of measuring the "consumption" of the value of long-term assets like equipment or buildings.

Amortization (Accounting Terms)

Gradual and periodic reduction of any amount, such as the periodic writedown of a BOND premium, the cost of an intangible ASSET or periodic payment Of MORTGAGES or other DEBT.

Amortization (Auto Loan)

The

Amortization (Automotive)

The gradual reduction of a debt by periodic payments large enough to meet current interest payments and repay the principal.

Amortization (Business)

To liquidate on an installment basis; the process of grad­ually paying off a liability over a period of time.

Amortization (Commercial Real Estate)

Represents periodic payments of principal and interest to be paid back over the term of a loan.

Amortization (Construction)

A payment plan by which a loan is reduced through monthly payments of principal and interest.

Amortization (Dairy Production)

To write off expenditures by prorating them over a fixed period. The process of payment of a debt by installments comprised of interest and principal. Amortization tables show the periodic payments needed to repay a certain amount of principal at certain interest rates over a given time period.

Amortization (Debt Consolidation)

The gradual reduction of a debt by periodic payments of interest and principal that are large enough to pay off a loan at maturity. The loan is repaid through regular, monthly payments of principal and interest paid for a predetermined amount of time.

Amortization (Economics)

1. Capital asset case: The recovery of the capital cost of an asset by means of periodic charges to operations. Depreciation is an example.
2. Dictionary: The gradual extinction of a debt by periodic repayments to a fund or creditor.
3. Engineering economics case: The repayment of capital for a project plus the return on capital while the capital is being used by the project, expressed as a uniform annual amount.

Amortization (Employee Benefits)

Paying off an interest-bearing liability by gradual reduction through a series of installments as opposed to paying it off by one lump sum payment.

Amortization (Energy)

The depreciation, depletion, or charge-off to expense of intangible and tangible assets over a period of time. In the extractive industries, the term is most frequently applied to mean either (1) the periodic charge-off to expense of the costs associated with nonproducing mineral properties incurred prior to the time when they are developed and entered into production or (2) the systematic charge-off to expense of those costs of productive mineral properties (including tangible and intangible costs of prospecting, acquisition, exploration, and development) that had been initially capitalized (or deferred) prior to the time the properties entered into production, and thereafter are charged off as minerals are produced.

Amortization (Finance)

When a business or collection of assets is acquired, under the most common accounting treatment – purchase accounting – an Intangible asset called Goodwill is incurred. Goodwill represents the excess of the purchase price over the net Book Value of the assets.

Amortization (Financial)

Is the periodic paydown of principal. This is a common feature of most mortgages. Amortize also refers to the accounting write down or reduction in an intangible asset. This creates a charge against income. Amortization can also refer to the reduction in the cost basis of a bond purchased at a premium to par. Sometimes, amortization is used as a synonym for depreciation or other write down of an asset or liability. In the later capacity it tends to apply to intangible assets. See Interest Impact on Instalment to Amortize or Amortization. Is the periodic paydown of principal. This is a common feature of most mortgages. Amortize also refers to the accounting write down or reduction in an intangible asset. This creates a charge against income. Amortization can also refer to the reduction in the cost basis of a bond purchased at a premium to par. Sometimes, amortization is used as a synonym for depreciation or other write down of an asset or liability. In the later capacity it tends to apply to intangible assets. See Interest Impact on Instalment to Amortize or Amortization.

Amortization (Financial Modeling)

Write off over time of an intangible asset such as goodwill, patents, or copyrights..

Amortization (Foreclosure)

The repayment of a debt in installments.

Amortization (Home Equity)

The gradual reduction of a debt by periodic payments of interest and principal that are large enough to pay off a loan at maturity. The loan is repaid through regular, monthly payments of principal and interest paid for a predetermined amount of time.

Amortization (Housing)

Repayment of a mortgage loan through monthly installments of principal and interest; the monthly payment amount is based on a schedule that will allow you to own your home at the end of a specific time period (for example, 15 or 30 years)

Amortization (International Economics)

The deduction of an expense in installments over a period of time, rather than all at once.

Amortization (Mortgage)

The repayment of principal from scheduled mortgage payments that exceed the interest due. The scheduled payment less the interest equals amortization. The loan balance declines by the amount of the scheduled payment, plus the amount of any extra payment. For a detailed explanation, see Mortgage Amortization: How Does It Work? If the payment is less than the interest due, the balance rises, which is negative amortization.

Amortization (Natural Gas)

The gradual extinguishment (or accumulated provision or reserve therefor) of an amount in an account by pro-rating such amount over a predetermined period, such as

Amortization (Purchasing A Home)

The gradual repayment of a loan by installments calculated to retire the principal at the end of a fixed period.

Amortization (Real Estate)

The liquidation of a financial obligation on an installment basis; also recovery, over a period, of cost or value.

Amortization (Real Estate Appraisal)

Payment to reduce the principal of a debt in regular, periodic installments.

Amortization (Refinance)

The gradual reduction of a debt by periodic payments of interest and principal that are large enough to pay off a loan at maturity. The loan is repaid through regular, monthly payments of principal and interest paid for a predetermined amount of time.

Amortization (Sanitation)

(1) Gradual reduction, redemption or liquidation of the balance of an account according to a specified schedule of times and amounts. (2) Provision for the extinguishment of a debt by means of a sinking fund.

Amortization (Securities)

A reduction in a debt or fund by periodic payments covering interest and part of the principal. In municipal bonds, amortization refers to adjusting the cost of a bond for any premium paid.

Amortization (Tax)

Accounting or financial process of reducing an amount by periodic payments or write-downs. Refers to liquidation, writing off or extinguishing of a debt over a period of time.

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