Admortization

Related to Admortization: amortization

Ad`mor`ti`za´tion


n.1.(Law) The reducing or lands or tenements to mortmain. See Mortmain.
References in periodicals archive ?
Financial Highlights Condensed Operating Quarter Ended Quarter Ended Information 1/31/97 1/31/96 Revenues: Oil and gas sales $680,000 $346,000 Operating 113,000 102,000 Interest and Other 38,000 60,000 831,000 508,000 Expenses: General and administrative 156,000 158,000 Depreciation, depletion and admortization 145,000 131,000 Oil and gas production 213,000 155,000 514,000 444,000 Earnings before income taxes 317,000 64,000 Income taxes (111,000) (22,000) Net earnings $206,000 $42,000 Earnings per share $.