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What is amortization?
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Answer Posted / kamani
Amortization or amortisation is the process of decreasing,
or accounting for, an amount over a period of time. The
word comes from Middle English amortisen to kill, alienate
in mortmain, from Anglo-French amorteser, alteration of
amortir, from Vulgar Latin admortire to kill, from Latin ad-
+ mort-, mors death. Particular instances of the term
include
Amortization of capital expenditures of certain assets
under accounting rules, particularly intangible assets, in
a manner analogous to depreciation.
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