amortise Hear it!

amortise Definition

am·or·tise (amər tīz′, ə môr-)

transitive verb -·tised′, -·tis′·ing

Chiefly Brit. amortize

amortise Usage Examples

Object

  • goodwill: Apart from amortizing goodwill arising from acquisitions, none of these changes has had a material impact on the Group's accounts.
  • cost: By renting them out we are able to amortize the capital cost into a regular monthly charge.
  • basis: Other financial assets that are loans or other receivables and are not traded on a market are measured on an amortized cost basis.
  • profit: The amortized profit on sale remains a capital matter.
  • value: Will include goodwill, trademarks, patents and copyrights, at their amortized book value.

Preposition: on

basis: The costs are amortized on a straight line basis over the time period during which the product is expected to be sold.

Preposition: through

profit: Goodwill is amortized through the profit and loss account over its useful economic life.

Preposition: over

  • life: Further, they are subsequently amortized over the lives of the contracts, which are typically considerably longer than four years.
  • period: Yet another clause states the cover will be amortized over the period of the warranty.
  • year: The goodwill is being amortized over the 10 year estimated useful life of the business.
  • term: It will be amortized over the term of the rights granted.

Modifying Another Word

  • not: For the year ending 31 December 2004, goodwill is not amortized under IFRS.
  • fully: Finance Lease A Finance Lease is as flexible to the point that it may be a balloon, or a fully amortized lease.
  • longer: It also recognizes goodwill, which is no longer amortized but tested for impairment at least annually in accordance with IAS 36.

Followed by an intransitive particle

over: Goodwill is capitalized in accordance with FRS 10 and amortized over its useful economic life, not exceeding 20 years.

Browse dictionary entries near amortise

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