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amortization
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amortization

Accounting practice where the progressive reduction (‘depreciation’) of a fixed asset is expressed as an expense in the accounts. This is commonly used when dealing with the value of a lease in an account. Leases are acquired at a fixed sum for a fixed period, at the end of which they have little or no value. The cost of the lease is divided by its length, and the result is charged against profits in the accounts.

Amortization is also used to describe the repayment of a debt in instalments, where each instalment is part principal and part interest.


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? Mentioned in ? References in periodicals archive
 
70% of the issuance by capturing excess spread, and may amortise, in limited circumstances, when it represents 1.
5 billion to amortise the bridge loan that initially financed the Viatris acquisition.
Interest on the units will be paid quarterly in arrears commencing on 9 July 2004 and the notes will amortise pro rata in line with the repayment schedule of the loan, which commences on 9 July 2004.
 
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