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Copyrights
Legal rights granted to an author, composer, playwright, publisher, or distributor to exclusively print, publish, perform, film, or record literary, artistic, or musical material.
Finite Intangible Asset
An intangible asset that has a specific life span after which its value diminishes or becomes null.
Amortized
The process of paying off a debt or loan in regular installments over a set period of time, which includes both principal and interest.
Goodwill
An intangible asset that arises when a company acquires another business for more than the fair value of its net identifiable assets.
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