Glossary entry (derived from question below)
Polish term or phrase:
amortyzacja wartości niematerialnych
English translation:
amortization of intangible assets
Added to glossary by
Polangmar
Nov 20, 2011 20:19
12 yrs ago
4 viewers *
Polish term
amortyzacja wartości niematerialnych
Polish to English
Bus/Financial
Accounting
Charakterystyka i ewidencja majątku trwałego
- amortyzacja wartości niematerialnych i prawnych oraz środków trwałych
This term appears in a Polish university transcript. (Class: rachunkowość)
Thank you for any suggestions.
- amortyzacja wartości niematerialnych i prawnych oraz środków trwałych
This term appears in a Polish university transcript. (Class: rachunkowość)
Thank you for any suggestions.
Proposed translations
(English)
4 +1 | amortization of intangible assets | Polangmar |
Change log
Nov 20, 2011 20:19: changed "Kudoz queue" from "In queue" to "Public"
Nov 22, 2011 15:04: Polangmar Created KOG entry
Proposed translations
+1
5 mins
Selected
amortization of intangible assets
intangible asset amortization
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Note added at 6 mins (2011-11-20 20:25:28 GMT)
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amortyzacja wartości niematerialnych i prawnych oraz środków trwałych - amortization of intangible assets and depreciation of fixed/tangible assets
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Note added at 6 mins (2011-11-20 20:25:28 GMT)
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amortyzacja wartości niematerialnych i prawnych oraz środków trwałych - amortization of intangible assets and depreciation of fixed/tangible assets
4 KudoZ points awarded for this answer.
Comment: "Thank you very much."
Discussion
Amortization usually refers to spreading an intangible asset's cost over that asset's useful life. For example, a patent on a piece of medical equipment usually has a life of 17 years. The cost involved with creating the medical equipment is spread out over the life of the patent, with each portion being recorded as an expense on the company's income statement.
Depreciation, on the other hand, refers to prorating a tangible asset's cost over that asset's life. For example, an office building can be used for a number of years before it becomes run down and is sold. The cost of the building is spread out over the predicted life of the building, with a portion of the cost being expensed each accounting year.
http://www.investopedia.com/ask/answers/06/amortizationvsdep...