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Amortization |
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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. See also: Depreciation, Goodwill Amortization The repayment of a loan by installments. |
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? Mentioned in | ? References in periodicals archive | |
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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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amortisation
