amortizing

Meanings

• noun

  The process of allocating and accounting for intangible assets or liabilities over their useful lives.

  - "The company's amortizing intangible assets over a 10-year period."
  - "The amortizing cost of the patent is included in the research and development expenses."

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Antonyms

accrue

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Variants

List of all variants of amortizing that leads to same result
amortizable , amortize , amortized , amortizes , amortizing

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Etymology

origin and the way in which meanings have changed throughout history.

From the Latin word 'amortizare,' meaning 'to make dead,' used in the context of extinguishing a debt.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. Amortization is typically recorded as an expense on the income statement.

2. Amortization is an important concept in financial reporting and is used to provide accurate and transparent information to investors.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Depreciation: Depreciation and amortization are both methods of allocating the cost of long-term assets over their useful lives, but they apply to different types of assets: depreciation for tangible assets and amortization for intangible assets.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Amortizing is a financial term used primarily in accounting and business contexts.

How to Memorize "amortizing"

1. visualize
   

   - Visualize the process of allocating and accounting for intangible assets or liabilities over their useful lives.

2. associate
   

   - Associate the term 'amortizing' with the process of extinguishing a debt.

3. mnemonics
   

   - Remember that 'amortizing' comes from the Latin word 'amortizare,' which means 'to make dead.'

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