Answer / m.s.s.v.sri kumar

The write off intangible assets is called amortization
the term will be used to deteriorate the value of Good will

Answer / shivesh

amortization means decrease in value."amortization" word is
mainly used for intangible assets like goodwill,
patent,copyright etc in finance....

Answer / rakesh rajan

1. Amortization is the accounting description of writing
down of the book value of an asset over time or the
systematic repayment of debt.

2.Amortization of debt is gradual decrease in the value of
debt through the payment of eregular installments.

3.Amortization is something similar to that of depreciation
in depreciation the value of tangible assets
like machinery, building etc gets diminished
whereas in amortization the value of intangible assets
like goodwill, patents etc gets diminished

Answer / s.anil gopal

The process of writing of intangible assets is term as
amortization

anilgopal_2020@yahoo.com

Answer / b.chaitanya

amortization is calaulation on intangibe assetes to wrteoff
is dependig on market vlue of the copaney.

Answer / b.chaitanya

this ia a meathod of to be write o the intangible asset

Answer / janardhan.

amortization means systamtic writing off on intangible
assets.

Answer / guest

reduction of liabilities

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