Abschreibung — meaning in English
German → English · translate English → German instead
English meaning
- amortization noun The process of paying off a debt in regular instalments over a set period, so that each payment covers interest and part of the principal until the balance reaches zero.
Senses
Abschreibung is used for these senses in English:
- amortization The distribution of the cost of an intangible asset, such as an intellectual property right, over the projected useful life of the asset.
- writedown (accounting) An adjustment; a precise amount adjusted by an act of writing down or entering an asset and its value; a reduction of an asset, written down or otherwise recorded as such.
amortization — full definition
- noun The process of paying off a debt in regular instalments over a set period, so that each payment covers interest and part of the principal until the balance reaches zero.
- noun In accounting, the spreading of the cost of an intangible asset, such as a patent or software licence, across the years in which it is expected to be useful.