amortization expense definition
The allocation to expense of the cost of an intangible asset such as a patent or goodwill.
The allocation to expense of the cost of an intangible asset such as a patent or goodwill.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.