Answer / reshma

amortisation is for intangiable assets(patents,trademarks
etc)as depreciationis for tangiable assets

Answer / bhuwan bhatt

Amortisation meant to charges the proportionate expenses of
intangible asset to revenue for the period the said assets
is been used and rest of the amount to be continue to
intangibel asset. Such practice is adopted for systematic
allocation of one time expenses into its useful life

Answer / vasavi

Writing off an intangible asset investment over the
projected life of the assets is called as amortisation

Answer / anu

Written off an intangible asset for example: good
will,patents and trade marks

Answer / hemalatha

reduce in value of intangible assets....

Answer / dee

In simple terms..The act of repaying a loan in regular
payments over a given period of time.

Answer / vishal dayama

the allocation of a lump sum amount to different time
periods, particularly for loans and other forms of finance,
including related interest or other finance charges.

Answer / ran

amortisation mean reduse the initial amount for the regular payament in businessssssss

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