{"id":4114,"date":"2023-03-02T14:53:31","date_gmt":"2023-03-02T14:53:31","guid":{"rendered":"https:\/\/fisdomdevel.wpengine.com\/glossary\/amortization\/"},"modified":"2023-03-02T14:53:31","modified_gmt":"2023-03-02T14:53:31","slug":"amortization","status":"publish","type":"post","link":"https:\/\/www.fisdom.com\/glossary\/amortization\/","title":{"rendered":"Amortization"},"content":{"rendered":"<p>\nAmortisation is used for two calculations in finance:<br \/>\n1 In spreading the repayment of a loan: This process of breaking the debt over a period of time through monthly installments is known as amortization. The loan payment is broken into an \u2018amortization schedule\u2019 to give a series of payments which consists of principal and interest in each payment, where the installment amount remains the same during the payment period.<br \/>\n2 To spread the cost of a company\u2019s \u2018Intangible Assets\u2019: It is the process of spreading, expensing or accounting of \u2018Intangible Assets\u2019 over a certain period. (Intangible assets are assets without physical existence, like patents, trademarks, copyrights, goodwill etc) Amortization is done on a straight-line basis or spreading the intangibles at the same amount over the said period. These assets don&#8217;t have any resale or scrap value.<\/p>\n<h2><\/h2>\n<h2><\/h2>\n<h2><\/h2>\n<h2><\/h2>\n<h2><\/h2>\n","protected":false},"excerpt":{"rendered":"<p>Amortisation is used for two calculations in finance: 1 In spreading the repayment of a loan: This process of breaking the debt over a period of time through monthly installments is known as amortization. The loan payment is broken into an \u2018amortization schedule\u2019 to give a series of payments which consists of principal and interest [&hellip;]<\/p>\n","protected":false},"author":67,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[11],"tags":[],"class_list":["post-4114","post","type-post","status-publish","format-standard","hentry","category-stocks"],"_links":{"self":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/posts\/4114","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/comments?post=4114"}],"version-history":[{"count":0,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/posts\/4114\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/media?parent=4114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/categories?post=4114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/tags?post=4114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}