Amortisation is (1) the gradual writing-off in value of an asset over time - allowance for depreciation, (2) Repayment of a loan by installments.

To liquidate on an installment basis. It could be repaying of a loan or writing-off of expenditure over a period of time.

The process of allocating acquisition cost or other value of assets either to periods as period costs or expenses, or to inventory accounts as product costs. The term is generally used in conjunction with non-physical assets.

The reduction of principal or debt at regular intervals. This can be effected by a Purchase Fund or Sinking Fund. Can also be used, for instance, on depreciation and write-offs of intangibles. Opposite to Accretion.

The periodic allocation of the cost of intangible or non-physical assets such as patents, research and development costs, copyrights and natural resources such as forests, representing the amount of the asset consumed during the course of that particular period of time.

The paying off of an interest bearing liability through a series of installments, thereby paying interest on top of the principal with each instalment. An example is the typical home loan, or mortgage.

The length of time in which mortgage loans are to be paid. Calculated over a specific term, which takes into account principal and interest.

In finance means the setting aside of a constant annual amount into a fund which will accumulate over a pre-specified number of time periods (n) earning interest (i) to the level for replacement of an asset or repayment of a loan. Referred to as the Credit Foncier or Table Mortgage system of loan repayment. See Interest Rate Formulae

Reduction in value of an intangible asset or a lease. Basically the same as depreciation (which is used in connection with tangible assets) but the accounting treatment of it varies, because of the difficulty in valuing intangibles.

The settlement of a debt through the periodic repayment of principal and interest payments.

Most lenders look for the borrower to repay the loan advanced over a number of years. In some cases, lenders will offer an interest only period during which time the borrower simply has to pay interest on the loan amount but when this expires, the lender will look for the loan to be reduced. In some cases, the entire loan amount will not need to be repaid and the lender may accept a residual debt (the sum outstanding at the end of the term once the portion of the loan which has been repaid has been deducted from the original loan amount).

Usually refers to an expense charge against the value of intangible assets held by a company (eg, goodwill and intellectual property). It may also refer to the repayment of an interest bearing liability by instalments whereby each repayment includes an interest and principal component, with the principal component applied to reducing the loan balance over the life of the loan (eg home loans).

To pay off a loan over a period of time via principal and interest payments.

The charge against the P&L of the cost of an intangible asset, e.g., a trademark, spread over a fixed period.

the reduction of the value of an asset by prorating its cost over a period of years

payment of an obligation in a series of installments or transfers

Depreciation of intangible assets is known as amortisation. The concept applies mainly to goodwill and leases.

is the charge against profits of an amount for reducing the value of intangible assets

Repayment of a loan through agreed regular installments (e.g. Weekly, Monthly or Fortnightly). The Borrower pays the interest accrued and part of the principal at each repayment. As you pay back the loan, an increasing amount of each payment is applied to principal and a lesser amount is applied to interest. Amortisation is also a process of spreading a cost that is incurred upfront over the term of the loan or life of the asset.

An accountancy term for the gradual reduction in value of an asset caused by the passage of time. If something is amortised, it is written off. If the cause is not solely related to time, the effect is described as depreciation.

The systematic repayment (e.g., monthly, quarterly, or yearly) of a debt or loan, such as a bond or mortgage, over a specific time period.

The allocation of portions of an asset's cost to specified periods of time.

a term used interchangeably with depreciation, except that it applies to a non-current physical asset under finance lease, or a non-current intangible asset, over its limited useful life.

To pay off principal and interest under a loan over a period of time, usually by instalments.

Spreading the cost of an intangible asset, such as a lease, over the years in which it is used. It is usual to divide the cost of the lease by the number of years that the lease is held for, and then use that figure as the annual charge. This is similar to depreciation except that depreciation deals with tangible or fixed assets such as motor vehicles or plant and equipment.

(1) The process of recovering, over a period of time, the capital investment through scheduled, systematic repayments at regular intervals. (2) Periodic contributions to a sinking fund to discharge a debt or make a replacement at a future date.

Period of time you have to repay a loan at the arranged terms

An annual charge made in a company's profit and loss account to reduce the value of an asset to zero over a period of years.

Paying off the principal and interest, on a loan over a period of time (Loan Term), usually by instalments.

The reduction of the value of an asset by assessing proportionately it's cost over a period of years.

The gradual repayment of debt through periodic payments of principal and interest over a prescribed period until there is a zero balance.

Amortisations means the method or the calculation by way of which the entire principal / loan amount is paid through the tenure of the loan. This helps a customer to know what his outstanding principal is at any point in time.

The expense that applies to intangible assets, in the same way depreciation applies to non-current assets.

An annual charge taken through the profit and loss account to allow for the fall in value of an asset. This term is often used in conjunction with an intangible asset.

Paying interest on a loan by gradual reduction through instalments comprising of both principal and interest, (also known as a Credit Foncier Loan).

Spreading out payments over a period of time so that a debt is gradually paid off.

The depreciations in the value of assets, which a company owns. For example, if the company has a fleet of cars worth £1 million, they may set aside £300,000 per year to allow for depreciation in their value.

The repayment of a loan or debt in regular payments. Each payment is split into a capital repayment and an interest element.

To pay off your debt by regular installments over a period of time.

repaying a mortgage with regular instalments

The gradual reduction of a debt or liability, especially by means of equal periodic payments at stated intervals which, in total, are sufficient to repay the capital or principal at the end of the given period and to pay interest on the outstanding balance throughout the period.

Paying off a debt over a period of time by a series of payments.

1.(UK) The concept of writing off the capital cost of a wasting physical asset by means of a sinking fund. 2. (USA) Payment of a debt in equal installments of principal interest, as opposed to interest-only payments.

Amortisation is a term used to describe the reduction in value of an asset through wear or obsolescence. In relation to tangible fixed assets, amortisation is mode commonly known as “depreciation”. In the UK, amortisation usually refers to the reduction in value of intangible assets such as acquired goodwill.

The process of fully paying off indebtedness by instalments of principal and earned interest over a definite time.

An annual charge made in the profit and loss account to reduce the value of an intangible asset to zero over its useful life.

To pay off your loan over a given period of time. Usually 15, 20 or 25 years

Writing off part of the value of an asset in a company's books at intervals until the value of the asset is extinguished. Meeting the cost of a potential liability to pay a pension, by periodical payments.

(of a lease) Same as depreciation ‑ extinguishing a debt within a fixed period by periodic payments and therefore writing‑off the initial cost of the asset gradually over the period.

Scheduled repayment of a loan through regular installments over a period of time (e.g. weekly, fortnightly or monthly repayments over a 30 year term). The borrower pays the interest and part of the principal in each repayment. Contrast to "Interest Only Loan".

Repayment of the capital element of a debt over time, often by an equal amount each year.

Repayment of loan by instalments; periodic writing off costs of intangible assets.

Repayment of the principal of a debt in periodic instalments as opposite to a Bullet or Balloon repayment structure.

The repayment of an interest bearing liability via a number of payments, thereby paying interest on top of the principal with each instalment. An example is the typical home loan, or mortgage.