/əˌmɔːtɪˈzeɪʃәn/ – Noun/Verb
Definition: 1. chuyển nhượng bất động sản cho nghiệp đoàn, nhà thờ; chuyển nhượng bất động sản theo quyền sở hữu vĩnh viễn;
2. trả nợ dần;
3. khấu hao;
4. tiêu diệt, trừ khử, giết chết.
A more thorough explanation: Amortization refers to the process of spreading out the cost of an intangible asset over its useful life. This accounting method allows for the gradual recognition of the expense associated with the asset over time, rather than recording the entire cost as an expense in the period it was acquired.
Example: The amortization schedule outlines the gradual repayment of the loan over a specified period of time.