Amortization definition

Amortization means the gradual extinguishment of an amount in an account by distributing such amount over a fixed period, over the life of the asset or liability to which it applies, or over the period during which it is anticipated the benefit will be realized.
Amortization means the gradual ex- tinguishment of an amount in an ac- count by distributing such amount over a fixed period dependent on the re- quirements of regulatory bodies, over the life of the asset or liability to which it applies, or over the period dur- ing which it is anticipated the benefit will be realized.
Amortization means for any period the sum of all amortization expenses of the Borrower and its Consolidated Subsidiaries for such period, as determined in accordance with GAAP.

Examples of Amortization in a sentence

  • Amortization is charged to profit or loss on a straight-line basis over the estimated useful lives of the assets.

  • Amortization expense was $26 million and $20 million for the years ended December 31, 2023 and 2022, respectively.

  • Intangible assets, net Intangible assets, net, consist of the following: As of December 31,As of September 30, 2022 2023RMBRMBPurchased software11,05511,055Total cost11,05511,055Less: accumulated amortization(5,518)(6,412)Intangible assets, net5,5374,643 Amortization expense recognized for the nine months ended September 30, 2022 and 2023 was RMB789 and RMB894 respectively.

  • The balance in the Reserve for Amortization and Deferred Reserve for Amortization accounts in the utility capital fund represents charges to operations for the costs of acquisitions of property, equipment and improvements.

  • Amortization of the discount is recorded as additional contribution revenue in accordance with the donor-imposed restriction.


More Definitions of Amortization

Amortization means amortization as determined in accordance with GAAP.
Amortization means the systematic spreading of expenditures or capital costs incurred for DSM programs, through regular accounting entries over a specified period of time.
Amortization as each such line item is reflected in Company's consolidated statement of cash flows prepared in conformity with GAAP and reported in a manner consistent with Company's reporting of such amount in its quarterly or annual report (as the case may be) on Form 10Q or 10K, respectively, prior to the Closing Date, whether such line items are so titled or otherwise titled, minus (iii) Haverhill Deferred Income.
Amortization means to record a portion of any purchase discount or purchase premium in each reporting period over the life of a security, or it means the amount so recorded.
Amortization. The method of allocating the cost of an intangible asset over time for purposes of offsetting (deducting) such cost from revenues the asset helps to produce.
Amortization means repayment of the loan and interest thereon by way of EMIs or in any other manner determined by the Lender and includes repayment of other dues, charges etc. under this Agreement. The mode of amortization is more specifically described and set out in the Schedule – A.
Amortization means, for any period, amortization expense of the Consolidated Companies determined on a consolidated basis in accordance with GAAP.