amortization amortization  /ˌæ mər tɪ ˈzeɪ ʃən/

Definition(s):

  1. (n) the reduction of the value of an asset by prorating its cost over a period of years
  2. (n) payment of an obligation in a series of installments or transfers

Synonym(s)

Usage(s):

  1. Her profits are also helped by Sweden's fast tax-amortization laws.
  2. To this would be added a 1% amortization charge.
  3. Thus, most of the rent the company pays Sevierville will go back to Cherokee as interest and amortization on its bonds.

News

  • IHS To Acquire R.L. Polk For $1.4 Bln

    Business information provider IHS Inc. Monday said it signed a definitive agreement to acquire automotive information and marketing solutions provider R.L. Polk & Co. for $1.4 billion. IHS expects the acquisition to be significantly accretive to its 2014 earnings per share, excluding purchase price amortization.
    on June 10, 2013     Source: RTT News

Quotes

  1. Looking forward, Mr. Shaw noted: "For fiscal 2008, we expect service operating income before amortization to grow in an approximate range of 10% - 12%. Capital expenditures are forecasted to exceed $650 million as we continue to invest to ensure our...
    on Oct 26, 2007 By: Shaw Source: Web Services Journal

  2. "Our overseas operations now contribute 74 percent of proportionate earnings before interest, tax, depreciation and amortization, up from 71 percent a year ago," Chua said.
    on Nov 6, 2007 By: Chua Sock Koong Source: International Herald Tribune

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cynic cynic
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