Meaning of amortisation

 

 

 

Amortisation

 

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Business glossary

 

Meaning of term amortisation :

 

Amortisation is the process of writing off the value of an intangible asset. As an intangible asset falls in value its value needs to be reduced in the balance sheet of the firm. It is similar to depreciation but that just refers to writing down the value of fixed assets.

 

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Amortisation

 

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Meaning of term amortisation

 

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Meaning of term amortisation