Glossary entry

Italian term or phrase:

ammortamento

English translation:

amortization

Added to glossary by manducci
Feb 28, 2004 21:03
20 yrs ago
5 viewers *
Italian term

ammortamento

Italian to English Social Sciences Government / Politics demographic policy
Having looked at the glossaries I'm not so sure that any of the terms suggested are suitable in my context.Could anyone suggest an equivalent term in English? The term appears in the following sentence and refers to capital investment by local authorities. " Tali investimenti. inoltre, oltre a prevedere tempi lunghi di ammortamento, sono volti alla costruzione di strutture che necessitano di manutenzione.

Thanks in advance,
Amanda.
Proposed translations (English)
4 +7 amortization
4 +1 depreciation

Proposed translations

+7
4 mins
Selected

amortization

From link below:

Ammortamento (amortization). Espressione generica che indica la ripartizione nel tempo di un costo; ovvero, il rimborso di un prestito in un preciso arco temporale, attraverso pagamenti o versamenti in un fondo specifico.
Peer comment(s):

agree Roberta Francetich : il significato è sicuramente questo
17 mins
agree Grey Drane (X) : Yes, although context is limited, it would appear that it's referring to the payback of the investment, not the depreciation of the assets purchased.
1 hr
agree Ilaria Bottelli
3 hrs
agree Peter Cox
7 hrs
agree Science451
17 hrs
agree Grace Anderson
1 day 1 hr
agree Birch : amortisation is used for intangible assets e.g. goodwill or theoretical benefits, as here.
1 day 23 hrs
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4 KudoZ points awarded for this answer. Comment: "Thanks very much. Apologies for delay in grading: having computer problems and can't access internet from my own computer."
+1
3 mins

depreciation

depreciation

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Note added at 4 mins (2004-02-28 21:07:31 GMT)
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Depreciation
The concept of depreciation is really pretty simple. For example, let’s say you purchase a truck for your business. The truck loses value the minute you drive it out of the dealership. The truck is considered an operational asset in running your business. Each year that you own the truck, it loses some value, until the truck finally stops running and has no value to the business. Measuring the loss in value of an asset is known as depreciation.
Depreciation is considered an expense and is listed in an income statement under expenses. In addition to vehicles that may be used in your business, you can depreciate office furniture, office equipment, any buildings you own, and machinery you use to manufacture products.

Peer comment(s):

agree Riccardo Schiaffino
1 hr
grazie
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