SportsAugust 10, 2026
amortised
AM-er-tahyzd
Definition
To spread the cost of an asset or expense over a specific period of time for accounting or financial reporting purposes.
Etymology
Derived from the Old French 'amortir', meaning 'to kill or extinguish', via Middle English. The term shifted in financial contexts to mean 'extinguishing' a debt or cost through periodic payments.
In the news
In the context of football finance, the term refers to how Manchester United accounts for player transfer fees by distributing the total cost across the length of the player's contract. This practice is crucial for complying with profit and sustainability regulations.
United reintegrate Rashford, freeing up Zirkzee: Juve in a race against time
Read the full article ↗La Gazzetta dello Sport