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Amortization Expense
The method of incrementally expensing the original value of an intangible asset throughout its period of utility.
Straight-Line Amortization
A method of gradually writing off the nominal value of an intangible asset over its useful life in equal installments.
Business Combination
A transaction or other event in which an acquirer gains control over one or more businesses, possibly resulting in a new entity.
Fair Value Increment
The increase in the recorded cost of an asset over its previously recognized value, often assessed during business combinations to reflect current market valuations.
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