A
   
   Amortization
   















 

A

Amortization

(1) A broad term incorporating any non-cash charge to earnings and/or asset values, such as depreciation, depletion, write-offs of intangibles, prepaid expenses and deferred charges. (2) A decline in a number such as the notional or face value of a contract or, less frequently, a rate. See, for example, Index Amortizing Note.

Glossary * A