Examlex
The ability of humans to use language depends partially on the linkage between the visual and auditory areas of the brain.
Intangible Assets
Assets that lack physical substance but have economic value due to rights, privileges, or advantages they confer to the business, such as patents, trademarks, and copyrights.
Amortized
The process of gradually reducing debt through regular payments over a set period, covering both the principal and interest.
Amortization Expense
The method of slowly expensing the original cost of a non-physical asset throughout its lifetime of use.
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