accelerated amortization

noun

: a deduction from taxable income in lieu of normal depreciation on qualified facilities based on writing off capital investment over a stated period representing the duration of war or emergency, the higher write-off resulting in a tax advantage

Word History

First Known Use

1940, in the meaning defined above

Time Traveler
The first known use of accelerated amortization was in 1940

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Dictionary Entries Near accelerated amortization

Cite this Entry

“Accelerated amortization.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/accelerated%20amortization. Accessed 14 Nov. 2024.

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