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1 amortization
Fin1. a method of recovering (deducting or writing off) the capital costs of intangible assets over a fixed period of time.EXAMPLEFor tax purposes, the distinction is not always made between amortization and depreciation, yet amortization remains a viable financial accounting concept in its own right.It is computed using the straight-line method of depreciation: divide the initial cost of the intangible asset by the estimated useful life of that asset.Initial cost/useful life = amortization per yearFor example, if it costs $10,000 to acquire a patent and it has an estimated useful life of 10 years, the amortized amount per year is $1,000.$10,000/10 = $1,000 per yearThe amount of amortization accumulated since the asset was acquired appears on the organization’s balance sheet as a deduction under the amortized asset.While that formula is straightforward, amortization can also incorporate a variety of noncash charges to net earnings and/or asset values, such as depletion, write-offs, prepaid expenses, and deferred charges. Accordingly, there are many rules to regulate how these charges appear on financial statements. The rules are different in each country, and are occasionally changed, so it is necessary to stay abreast of them and rely on expert advice.For financial reporting purposes, an intangible asset is amortized over a period of years. The amortizable life—“useful life”—of an intangible asset is the period over which it gives economic benefit.Intangibles that can be amortized can include:Copyrights, based on the amount paid either to purchase them or to develop them internally, plus the costs incurred in producing the work (wages or materials, for example). At present, a copyright is granted to a corporation for 75 years, and to an individual for the life of the author plus 50 years. However, the estimated useful life of a copyright is usually far less than its legal life, and it is generally amortized over a fairly short period;Cost of a franchise, including any fees paid to the franchiser, as well legal costs or expenses incurred in the acquisition. A franchise granted for a limited period should be amortized over its life. If the franchise has an indefinite life, it should be amortized over a reasonable period not to exceed 40 years;Covenants not to compete: an agreement by the seller of a business not to engage in a competing business in a certain area for a specific period of time. The cost of the not-tocompete covenant should be amortized over the period covered by the covenant unless its estimated economic life is expected to be less;Easement costs that grant a right of way may be amortized if there is a limited and specified life; Organization costs incurred when forming a corporation or a partnership, including legal fees, accounting services, incorporation fees, and other related services.Organization costs are usually amortized over 60 months;Patents, both those developed internally and those purchased. If developed internally, a patent’s “amortizable basis” includes legal fees incurred during the application process. A patent should be amortized over its legal life or its economic life, whichever is the shorter;Trademarks, brands, and trade names, which should be written off over a period not to exceed 40 years;Other types of property that may be amortized include certain intangible drilling costs, circulation costs, mine development costs, pollution control facilities, and reforestation expenditures;Certain intangibles cannot be amortized, but may be depreciated using a straight-line approach if they have “determinable” useful life. Because the rules are different in each country and are subject to change, it is essential to rely on specialist advice.2. the repayment of the principal and interest on a loan in equal amounts over a period of time -
2 negative amortization
Finan increase in the principal (see mortgage) of a loan due to the inadequacy of payments to cover the interest -
3 amortización de un préstamo
• amortization of a loan• amortization of loanDiccionario Técnico Español-Inglés > amortización de un préstamo
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4 погашение кредита
1) Economy: credit redemption, redemption of credit, repayment of credit2) Finances: disbursal3) Diplomatic term: credit servicing4) Banking: credit repayment, credit settlement, loan amortization, amortization of a loan, loan settlement5) Advertising: credit service6) Business: repayment of a credit7) EBRD: loan amortisation, loan repayment -
5 график погашения задолженности
1) General subject: schedule for the repayment of debts, schedule for the settlement of indebtedness2) Finances: amortization schedule, (кредитной) amortisation schedule3) Banking: loan amortization schedule4) EBRD: debt repayment scheduleУниверсальный русско-английский словарь > график погашения задолженности
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6 график погашения кредита
1) Banking: loan amortization scheduleУниверсальный русско-английский словарь > график погашения кредита
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7 график кредитной задолженности
Banking: loan amortization scheduleУниверсальный русско-английский словарь > график кредитной задолженности
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8 график постепенного погашения кредита
Investment: loan amortization scheduleУниверсальный русско-английский словарь > график постепенного погашения кредита
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9 график снижения лимита
Banking: redemption schedule (график погашения задолженности по кредитной линии), loan amortization scheduleУниверсальный русско-английский словарь > график снижения лимита
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10 график снижения лимита задолженности
Banking: loan amortization scheduleУниверсальный русско-английский словарь > график снижения лимита задолженности
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11 график уменьшения лимита
Banking: redemption schedule (график погашения задолженности по кредитной линии), loan amortization scheduleУниверсальный русско-английский словарь > график уменьшения лимита
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12 график уменьшения лимита задолженности
Banking: loan amortization scheduleУниверсальный русско-английский словарь > график уменьшения лимита задолженности
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13 kuoletuslaina
amortization loan (noun)instalment credit (noun)* * *finance, business, economy• amortizable loanfinance, business, economy• amortization loanfinance, business, economy• installment loanfinance, business, economy• instalment creditfinance, business, economy• instalment loan -
14 погашение долга в рассрочку
Бизнес, юриспруденция. Русско-английский словарь > погашение долга в рассрочку
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15 amortización de empréstito
• amortization of loanDiccionario Técnico Español-Inglés > amortización de empréstito
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16 amortización de préstamo
• amortization of loanDiccionario Técnico Español-Inglés > amortización de préstamo
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17 amortización de un empréstito
• amortization of a loanDiccionario Técnico Español-Inglés > amortización de un empréstito
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18 погашение ссуды в рассрочку
Русско-английский словарь по экономии > погашение ссуды в рассрочку
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19 кредит амортизационный
amortization loan -
20 погашение ссуды в рассрочку
amortization of loan4000 полезных слов и выражений > погашение ссуды в рассрочку
См. также в других словарях:
Loan amortization schedule — The schedule for repaying the interest and principal on a loan. The New York Times Financial Glossary … Financial and business terms
loan amortization schedule — The timetable for repaying the interest and principal on a loan. Bloomberg Financial Dictionary … Financial and business terms
Loan origination — is the process by which a borrower applies for a new loan, and a lender processes that application. Origination generally includes all the steps from taking a loan application through disbursal of funds (or declining the application). Loan… … Wikipedia
Amortization schedule — An amortization schedule is a table detailing each periodic payment on a amortizing loan (typically a mortgage), as generated by an amortization calculator. While a portion of every payment is applied towards both the interest and the principal… … Wikipedia
Amortization calculator — An amortization calculator is used to determine the periodic payment amount due on a loan (typically a mortgage), based on the amortization process. The amortization repayment model factors varying amounts of both interest and principal into… … Wikipedia
amortization — I noun clearance, defrayal, defrayment, disbursement, discharge, extinction of a debt, extinguishment of claim, liquidation of a debt, payment, remittance, satisfaction associated concepts: amortization contract, amortization of a mortgage,… … Law dictionary
Amortization — or amortisation is the process of decreasing, or accounting for, an amount over a period of time. The word comes from Middle English amortisen to kill, alienate in mortmain, from Anglo French amorteser , alteration of amortir , from Vulgar Latin… … Wikipedia
Loan modification in the United States — Loan modification, the systematic alteration of contactual mortgage loan agreements, has been practiced in the United States since the 1930s. During the Great Depression loan modification programs took place at the state level in an effort to… … Wikipedia
loan — n 1 a: money lent at interest b: something lent usu. for the borrower s temporary use 2: a transfer or delivery of money from one party to another with the express or implied agreement that the sum will be repaid regardless of contingency and usu … Law dictionary
Amortization (business) — For other uses of Amortization, see the Amortization disambiguation page. Amortization is the distribution of a single lump sum cash flow into many smaller cash flow installments, as determined by an amortization schedule. Unlike other repayment… … Wikipedia
amortization — (1) The process of making regular, periodic decreases in the book or carrying value of an asset. For example, when a bond is purchased at a price above 100, the difference between the purchase price and the par value, the premium, is amortized.… … Financial and business terms