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Amortisation

Reduction of an amount at regular intervals over a certain time period. Usually, refers to the reduction of debt by regular payment of loan installments during the life of a loan. Also describes the accounting process of writing off an intangible asset.

News On Amortisation
India Cements Q4 PAT seen down 26% to Rs 48 cr

20-05-2013| Source:Moneycontrol.com

India Cements' fourth quarter earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall 6 percent Y-o-Y to Rs 202 crore and operating profit margin is seen declining

Vedanta profit rises 21% as oil offsets iron ore hit

16-05-2013| Source:Reuters

Vedanta said earnings before interest, tax, depreciation and amortisation (EBITDA) for the year to the end of March totalled USD 4.89 billion, in line with market forecasts.