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Anonymous

18 Apr 2019

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General Investing

Im looking at the balance sheet of a company report.. but idk what does amortization mean. can any1 help?

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Gabriel Tham

14 Mar 2019

Tag Team Member at Kenichi Tag Team

The easiest layman term I can think of for amortization is INSTALLMENTS.

Imagine you buy a very expensive curved screen TV, and you choose to pay in installments over few years. Amortization is similar.

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