Amortization - Law Dictionary Search Results
balloon
much larger than preceding ones in an installment or term loan [a payment] NOTE: In contrast to an amortized loan, a balloon loan is generally repaid in periodic payments of interest and a large, lump sum payment
capitalize
2 a : to compute the present value of (an income extended over a period of time) compare amortize b : to convert (a periodic payment) into an equivalent capital sum [capitalized annuities] 3 : to supply
deduct
total ;specif : to take as a deduction [must be capitalized…rather than immediately ed "D. Q. Posin"] compare amortize
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depreciation
taxation that cannot be offset by current repairs and is carried on company books as a yearly charge amortizing the original cost over the useful life of the property accelerated depreciation : the depreciation of property that
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