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Amortization
(redirected from amortisation)

   Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
Amortization
1. The paying off of debt in regular installments over a period of time.

2. The deduction of capital expenses over a specific period of time. Similar to depreciation, it is a method of measuring the consumption of the value of long-term assets like equipment or buildings.

Notes:
Think of amortization (the deduction of capital expenses) as a way to claim the decrease in value on your car every year. If you bought your car new for $20,000 and after the first year it is worth $17,000, theoretically you could amortize the $3,000 for tax and financial purposes.


Amortization
The repayment of a loan by installments.

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* Proforma operating profit excludes exceptional administrative expenses of GBP 225,468 (2003 - GBP Nil) and goodwill amortisation of GBP 2,786,734 (2003 - GBP 2,720,944).
66 per share (+20%) (1) based on net income before goodwill amortisation and integration-related costs
Reported operating costs including direct costs (but excluding goodwill amortisation and impairment), rose by over 4% and by almost 11% in constant currency.
 
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