Crossword clues for amortization
The Collaborative International Dictionary
Amortization \A*mor`ti*za"tion\, n. [LL. amortisatio, admortizatio. See Amortize, and cf. Admortization.]
(Law) The act or right of alienating lands to a corporation, which was considered formerly as transferring them to dead hands, or in mortmain.
The extinction of a debt, usually by means of a sinking fund; also, the money thus paid.
Douglas Harper's Etymology Dictionary
1670s, in reference to lands given to religious orders, from Medieval Latin amortizationem (nominative amortizatio), noun of action from past participle stem of amortizare (see amortize). Of debts, from 1824.
alt. 1 The reduction of loan principal over a series of payments. 2 The distribution of the cost of an intangible asset, such as an intellectual property right, over the projected useful life of the asset. n. 1 The reduction of loan principal over a series of payments. 2 The distribution of the cost of an intangible asset, such as an intellectual property right, over the projected useful life of the asset.
Amortization (or amortisation; see spelling differences) is the process of reducing, or accounting for, an amount (usually a financial debt) over a period according to a plan. The word comes from Middle English amortisen to kill, alienate in mortmain, from Anglo-French amorteser, alteration of amortir, from Vulgar Latin admortire "to kill", from Latin ad- and mort-, "death".
In business, amortization refers to spreading payments over multiple periods. The term is used for two separate processes: amortization of loans and assets. It also refers to allocating the cost of an intangible asset over a period of time.
In tax law, amortization refers to the cost recovery system for intangible property. Although the theory behind cost recovery deductions of amortization is to deduct from basis in a systematic manner over an asset's estimated useful economic life so as to reflect its consumption, expiration, obsolescence or other decline in value as a result of use or the passage of time, many times a perfect match of income and deductions does not occur for policy reasons.
Usage examples of "amortization".
Add to this the amortization of equipment — the robot and computer eventually are going to wear out — plus the phone bills, and you'll realize that one cannot change over to a moneyless society using the classical Internet concept.
Obviously, it is much easier to search and the amortization of such a copy is annulled.