Understanding Amortization: The Legal & Financial Guide
Meta Description: Amortization is a critical legal and financial concept with dual roles: systematically repaying debt (like mortgages) and expensing intangible assets (like patents) for tax purposes. Learn how amortization schedules work, the difference between amortization and depreciation, and the legal risks of non-standard loans. The term amortization is one of the foundational concepts in […]