Amortization vs. Impairment

Amortizationnoun

The reduction of loan principal over a series of payments.

Amortizationnoun

The distribution of the cost of an intangible asset, such as an intellectual property right, over the projected useful life of the asset.

Amortizationnoun

The act or right of alienating lands to a corporation, which was considered formerly as transferring them to dead hands, or in mortmain.

Amortizationnoun

The extinction of a debt, usually by means of a sinking fund; also, the money thus paid.

Amortizationnoun

the reduction of the value of an asset by prorating its cost over a period of years

Amortizationnoun

payment of an obligation in a series of installments or transfers

Amortization

Amortization (or amortisation; see spelling differences) is paying off an amount owed over time by making planned, incremental payments of principal and interest. To amortise a loan means .

Impairmentnoun

The result of being impaired

Impairmentnoun

A deterioration or weakening

Impairmentnoun

A disability or handicap

Impairmentnoun

an inefficient part or factor.

Impairmentnoun

(accounting) A downward revaluation, a write-down.

Impairmentnoun

The state, act, or process of being impaired; injury.

Impairmentnoun

the occurrence of a change for the worse

Impairmentnoun

a symptom of reduced quality or strength

Impairmentnoun

the condition of being unable to perform as a consequence of physical or mental unfitness;

Impairmentnoun

damage that results in a reduction of strength or quality

Impairmentnoun

the act of making something futile and useless (as by routine)