The phrase "amortization of intangible assets" is a correct and usable phrase in written English.
You can use it when referring to the process of a company slowly expensing the cost of an intangible asset, such as a patent or copyright, over its estimated useful life. For example: "The company's amortization of intangible assets over the past year totaled $1.5 million."
Go.com, which includes the Go Network group of Internet sites and ABCNews.com, reported a net loss of $272.2 million, or $1.75 a share, including amortization of intangible assets.
The company, which sells health and beauty products and prescription drugs, reported a net loss of $28.6 million, or 45 cents a share, for the quarter, excluding amortization of intangible assets and stock-based compensation.
Excluding charges for stock-based compensation, amortization of intangible assets, patent acquisitions, revamping costs and the sale of land, the company said it expected a profit of 8 to 9 cents a share for the quarter.
This tax treatment survived a Congressional change to the law in 1993 -- which required a few years to enact -- that codified a hodgepodge of rules governing the amortization of intangible assets in other businesses at 15 years.
At Level 8 Systems, a software provider, a net loss of $4 million in the third quarter last year was transformed into pro forma net income of $1.8 million by adding back noncash charges like depreciation and amortization of intangible assets.
The company blames "approximately $410 million for stock-based compensation and amortization of intangible assets" for the massive coming deficit.
Depreciation is the loss or decrease in value of tangible assets while amortization measures the decline in value of intangible assets over a period.
Depreciation represents the loss in value of tangible assets like equipment and tools due to wear and tear from normal operation over the lifespan of the asset, while amortization represents the loss in value of intangible assets like patents and copyrights over the life of the asset.
"The majority of intangible assets live in industries that are relatively unknown or relatively boring".
But the role of intangible assets in foreign investment should inspire some hope that it could help reduce inequalities, too.
