Amortization rate definition

Amortization rate means the amortization rate, as defined in Section 49-11-102, to be applied to the system that would have covered the retiree if the retiree's reemployed position were deemed to be an eligible, full-time position within that system.
Amortization rate means the board certified percent of salary required to amortize
Amortization rate means the amortization rate, as defined in Section 49-11-102,

Examples of Amortization rate in a sentence

  • Amortization rate changes are accounted for on a prospective basis.

  • The Transaction Cost Amortization rate at which the tax cost of the net capital gains will be amortized.

  • The amortization rates applicable to each category of property, plant and equipment are as follows: Class of equipment Amortization rate Motor vehicles 30% declining balance Computer equipment 30% declining balance Exploration and office equipment 20% declining balance 3.

  • The amortization rates reflecting the useful lives attributed to Company’s property investments are as follows: Investments Amortization rate Non-instrumental buildings 3% Both the useful life and the amortization criteria are periodically reviewed and, if any significant changes are found in the assumptions previously adopted, the amortization rate for the period in question and for successive periods is adjusted.

  • Intangible assets Cost15.14,852,2844,852,284 Less: accumulated amortization15.2(3,966,897)(3,412,476) 885,3871,439,808 Amortization rate 20.00% 20.00%15.1 Cost At beginning of the year4,852,2844,502,284Additions during the year–350,000At end of the year4,852,2844,852,28415.2 Accumulated amortization At beginning of the year3,412,4762,459,519Amortization for the year554,421952,957At end of the year3,966,8973,412,476 15.3 The intangible assets represent Enterprise Resource Planning and computer software.


More Definitions of Amortization rate

Amortization rate means the board certified percent of salary required to amortize the unfunded actuarial accrued liability in accordance with policies established by the board upon the advice of the actuary.
Amortization rate means the amortization rate, as defined in Section49-11-102,
Amortization rate means the prime rate of Citibank, N.A. (or a comparable financial institution selected by Landlord), plus three percent (3%).
Amortization rate means the rate specified as the “Amortization Rate” in the Transaction Fee Letter.
Amortization rate means 1.00% per annum.
Amortization rate means the sum of the scheduled
Amortization rate has the meaning assigned to such term in the Fee Letter.