Amortization | OFFICIAL — SECRETS |

This process spreads the cost of intangible assets (e.g., patents, trademarks, copyrights) over their useful life to align with when they generate revenue.

An amortization schedule details the payment number, the interest/principal breakdown, and the remaining balance. amortization

Amortization schedules for loans track how payments are divided between principal (the original loan amount) and interest. This process spreads the cost of intangible assets (e