amortization

[ US /ˌæmɝtɪˈzeɪʃən/ ]
NOUN
  1. payment of an obligation in a series of installments or transfers
  2. the reduction of the value of an asset by prorating its cost over a period of years
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How To Use amortization In A Sentence

  • It is paying nearly 11 times historic earnings before interest, taxes, depreciation and amortization, or Ebitda, at the pricier end of recent deal multiples and a premium to the 7-to-8 multiples on which L+G's nearest publicly traded rivals, Germany's Elster Group and Itron , of the U.S., trade. Toshiba's Smart Electricity-Meter Reading
  • The appropriate response to this environment is for Congress to provide an additional two years over which these companies can amortize their 2007 and 2008 losses, with the first two years of this extended amortization period requiring only interest payments on the obligation. Sears Chairman Unleashes 15-Page Manifesto About Um, Everything - The Consumerist
  • Philips reconfirmed its intention to step up investment in research and development and customer-facing resources to around €200 million a year, and said it was maintaining its 2013 mid-term target, to raise sales by 4% to 6% and reach earnings before interest, taxes and amortization of 10% to 12% of sales. Philips Steps Up Cost Cuts
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  • Continental now expects 2010 revenue to rise at least 24% to over € 25 billion and is targeting an Ebit margin of around 9%, excluding amortization related to the acquisitions of cockpit and control systems unit VDU from Siemens in 2007. Germany's Continental Lifts Forecast
  • In order to have enough money in 6 years 'time to buy new oxen a farmer must put money aside every year for the amortization of the oxen, that is: francs/6 = 2 000 francs. Chapter 7
  • There is no theoretical objection to crediting an accumulated amortization account rather than the intangible asset account, but this method is seldom encountered in practice.
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  • The global banking giant this morning reported pre-tax profits of £6.7b after goodwill amortisation.
  • Between them the additions of Jérôme Boateng, Yaya Touré, Mario Balotelli and James Milner added close to £17m, which the departure of Robinho and his £8. 125m a year in amortisation charges could only partially offset. Sheikh Mansour takes spending at Manchester City past half-billion mark
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