amortised
Paid off gradually
Amortised is the British spelling of amortized.
To amortise a debt is to pay it off gradually through regular payments that cover both principal and interest: The loan is amortised over thirty years.
In accounting, to amortise an asset is to spread its cost over its useful life.
The past participle amortised functions as an adjective: amortised costs, fully amortised loans.
Asset value reduction over time
- write-offRecorded value reduction
- expenseMoney paid out
- allocationDistribution of shares
- book valueAsset minus accumulated depreciation
cost recovery · straight-line · balance sheet · useful life · impairment · accrual · tangible assets · intangible assets
Giving back what's owed
- principalChief school administrator
- interestAttention, stake, or fee
- installmentPeriodic partial payment
- schedulePlan of timed events
term · refinance · debt · annuity · monthly payment · balloon payment · prepayment · outstanding balance
Added cost for better
- discountReduced price offered
- couponCertificate for reduced price
- yieldProduce or relinquish
- maturityFull growth achieved
par value · face value · redemption · callable · sinking fund · market rate · nominal value · bondholder
Kindly, generous spirit
- patentsExclusive rights to inventions
- trademarksProtected commercial identifiers
- copyrightsLegal ownership of creations
- licensesOfficial permissions to act
software · franchise · intellectual property · development costs · brand value
depreciation
Asset value reduction over time
- write-offRecorded value reduction
- expenseMoney paid out
- allocationDistribution of shares
book value · cost recovery · straight-line · balance sheet · useful life · impairment · accrual · tangible assets · intangible assets · fixed assets
repayment
Giving back what's owed
- principalChief school administrator
- interestAttention, stake, or fee
- installmentPeriodic partial payment
schedule · term · refinance · debt · annuity · monthly payment · balloon payment · prepayment · outstanding balance · payment plan
premium
Added cost for better
maturity · par value · face value · redemption · callable · sinking fund · market rate · nominal value · bondholder
goodwill
Kindly, generous spirit
- patentsExclusive rights to inventions
- trademarksProtected commercial identifiers
- copyrightsLegal ownership of creations
licenses · software · franchise · intellectual property · development costs · brand value
amortisedlump-sum
Entire amount together
balloon payment · upfront · interest-only · one-time · immediate