# Amortization

> Amortization — Spreading the cost of a finite-lived intangible, a prepaid or a debt discount over the periods it serves.

Source: https://lopifi.com/glossary/amortization
Part of: Lopifi — US GAAP books on autopilot, checked by a CPA (https://lopifi.com)

---

**What is amortization?** In accounting, amortization means spreading the cost of a finite-lived intangible, a prepaid or a debt discount over the periods it serves.

## Words this system refuses for it

- depreciation

- **Category:** Foundations
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Rendered by:** [adjusting-entry-form](https://lopifi.com/md/components/adjusting-entry-form), [schedule-preview](https://lopifi.com/md/components/schedule-preview)