BusinessAugust 14, 2026
amortize
AM-er-tize
Definition
To gradually reduce the value of an intangible asset, such as intellectual property, over the course of its useful life through periodic accounting charges.
Etymology
Derived from the Old French 'amortir,' meaning 'to put to death' or 'kill,' and the Latin 'ad' (to) + 'mort' (death); it refers to the process of 'killing off' or clearing a debt or an asset's cost over time.
In the news
In this article, the company amortizes the intellectual property acquired through the SKV acquisition over a five-year period, reflecting the gradual consumption of the asset's value.
Quantum eMotion (NYSE American: QNC) widens H1 loss but adds $10M crypto IP asset
Read the full article ↗Stock Titan