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Glossary > A > "Amortisation" Definition

Amortisation

An annual charge made in a company"s profit and loss account to reduce the value of an asset to zero over a period of years.

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Amortisation - An annual charge made in a company"s profit and loss account to reduce the value of an asset to zero over a period of years.

Amortisation : an annual charge made in a company"s profit and loss account to reduce the value of an asset to zero over a period of years.