Printer Friendly
The Free Dictionary
982,771,735 visitors served.
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Amortizable

   Also found in: Financial 0.06 sec.
am·or·tize  (mr-tz, -môr-)
tr.v. am·or·tized, am·or·tiz·ing, am·or·tiz·es
1. To liquidate (a debt, such as a mortgage) by installment payments or payment into a sinking fund.
2. To write off an expenditure for (office equipment, for example) by prorating over a certain period.

[Middle English amortisen, to alienate in mortmain, from Old French amortir, amortiss-, from Vulgar Latin *admortre, to deaden : Latin ad-, ad- + Latin mors, mort-, death; see mer- in Indo-European roots.]

amor·tiza·ble adj.

?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
No references found
 
195(c) requirements are not met, the costs are not deductible or amortizable.
Taxpayers also need to recognize that IRC section 197 includes covenants as an amortizable intangible with a 15-year useful life if purchased in connection with a business acquisition.
By allowing one standard amortization deduction for an expansive list of intangibles--so-called amortizable section 197 intangibles(3)--Congress sought to settle a heavily litigated area of tax law.
 
Dictionary/thesaurus browser? ? Full browser
 
 
Dictionary, Thesaurus, and Translations
?

Disclaimer | Privacy policy | Feedback | Copyright © 2008 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.