amortizations
Gradual debt reductions
Amortizations are instances of spreading a cost or debt across multiple payments over time.
A mortgage amortizes through monthly payments that gradually reduce principal and interest.
In accounting, amortization applies to intangible assets like patents or goodwill, writing off their value incrementally: The company's amortizations reduced taxable income by two million dollars.
Asset value reduction over time
- write-offsCancelled debts or expenses
- schedulesPlanned sequences of events
- book valueAsset minus accumulated depreciation
- asset allocationDistributing investments strategically
straight-line · useful life · capital expenses · intangible assets · goodwill · balance sheet · financial statements · GAAP
Timetables for loan installments
- loan termsBorrowing agreement specifications
- refinancingReplacing a loan
- balloon paymentsLarge final loan installments
- prepaymentPayment made beforehand
monthly installments · remaining balance · debt service · lending · borrower · maturity · fixed-rate · payoff
Payments for official authorization
- intellectual propertyLegal rights over inventions
- development costsSpending to create something
- enterprise softwareOrganizational computer programs
- maintenance feesRecurring costs for preservation
depreciation
Asset value reduction over time
- write-offsCancelled debts or expenses
- schedulesPlanned sequences of events
- book valueAsset minus accumulated depreciation
asset allocation · straight-line · useful life · capital expenses · intangible assets · goodwill · balance sheet · financial statements · GAAP · accumulated
repayment schedules
Timetables for loan installments
- loan termsBorrowing agreement specifications
- refinancingReplacing a loan
- balloon paymentsLarge final loan installments
monthly installments · prepayment · remaining balance · debt service · lending · borrower · maturity · fixed-rate · payoff · EMI
license fees
Payments for official authorization
- intellectual propertyLegal rights over inventions
- development costsSpending to create something
- enterprise softwareOrganizational computer programs
amortizationsappreciations
Expressions of gratitude
capitalizations · write-ups · revaluations · accretions · accumulations