ACCUMULATED AMORTIZATION Definition

Bookmark and Share

ACCUMULATED AMORTIZATION is the cumulative charges against the intangible assets of a company over the expected useful life of the assets.

Learn new Accounting Terms

APE is Account Period Ending (Normally followed by the date the accounting period ends). See also Accounting Period.

LETTER OF CREDIT, IRREVOCABLE is a letter of credit where payment is guaranteed as long as the seller meets all conditions stipulated. A revocable letter of credit can be cancelled or altered by the buyer without permission of the seller.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.