Amortization in accounting 101
ThomsonReuters
OCTOBER 5, 2023
Amortization in accounting is a technique that is used to gradually write-down the cost of an intangible asset over its expected period of use or, in other words, useful life. These are non-physical assets like patents, trademarks, licenses, copyrights, lease agreements, customers lists, and internet domain names.
52 
Let's personalize your content