Glossary entry (derived from question below)
Polish term or phrase:
amortyzacja
English translation:
amortisation and/or depreciation
Polish term
amortyzacja
będzie dobrze: amortization and depreciation ?
czy pasywa można amortyzować?
GingerR: depreciation lub amortisation - zalezy czy srodkow trwalych czy wartosci niematerialnych
http://www.proz.com/kudoz/polish_to_english/accounting/70472...
| 4 +3 | amortization and/or depreciation |
Polangmar
|
Mar 25, 2015 19:43: Polangmar changed "Edited KOG entry" from "<a href="/profile/141091">literary's</a> old entry - "amortyzacja "" to ""amortization and/or depreciation""
Non-PRO (1): TechLawDC
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Proposed translations
amortization and/or depreciation
It is important to note that in some places, such as Canada, the terms amortization and depreciation are often to used interchangeably to refer to both tangible and intangible assets.
http://www.investopedia.com/ask/answers/06/amortizationvsdep...
| agree |
LilianNekipelov
: Yes.
12 hrs
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| agree |
Jacek Konopka
13 hrs
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| agree |
Karol Kawczyński
1 day 10 hrs
|
Discussion
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...