Difference between revisions of "Amortization"
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According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | ||
:[[Amortization]]. A noncash charge against intangible assets, such as goodwill. | :[[Amortization]]. A noncash charge against intangible assets, such as goodwill. | ||
| + | According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | ||
| + | :[[Amortization]]. A noncash charge similar to depreciation except that it represents a decline in value of intangible assets. | ||
==Related concepts== | ==Related concepts== | ||
Latest revision as of 17:58, 1 November 2019
Amortization is a noncash charge against intangible assets, such as goodwill.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Amortization. A noncash charge against intangible assets, such as goodwill.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Amortization. A noncash charge similar to depreciation except that it represents a decline in value of intangible assets.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
