amortisation
Spreading costs over time
Amortisation is the British spelling of amortization—the gradual paying off of a debt through regular payments, or the spreading of an asset's cost over its useful life.
In accounting, intangible assets like patents are amortised rather than depreciated: The software license is subject to amortisation over five years.
Money paid out
- ledgerFinancial record book
- periodicOccurring at intervals
- capitalizationUsing big letters properly
- GAAPFinancial reporting conventions
disclosure · audit · accrual · write-off
Kindly, generous spirit
- straight-lineWithout curves or bends
- impairmentDiminished function or capacity
- write-downReduction in recorded value
- patentsExclusive rights to inventions
trademarks · copyrights · software · licenses · franchises
Periodic partial payment
- principalChief school administrator
- interestAttention, stake, or fee
- annuityPeriodic fixed payment
- payoffCulminating benefit received
creditor · debtor · remittance · refinancing · prepayment · maturity · EMI · borrower
expense
Money paid out
- ledgerFinancial record book
- periodicOccurring at intervals
- capitalizationUsing big letters properly
GAAP · disclosure · audit · accrual · write-off
goodwill
Kindly, generous spirit
- straight-lineWithout curves or bends
- impairmentDiminished function or capacity
- write-downReduction in recorded value
patents · trademarks · copyrights · software · licenses · franchises
installment
Periodic partial payment
payoff · creditor · debtor · remittance · refinancing · prepayment · maturity · EMI · borrower
amortisationlump-sum payment
Full amount paid immediately
balloon payment · single payment · one-time payment · upfront payment · lump sum
mortal, immortal, mortgage, mortify, mortality, mortuary, mortalities, amortization, amortise