"Unamortised" Pronounce,Meaning And Examples

"Unamortised" Meaning

Unamortised refers to a financial balance or amount that has not yet been absorbed or spread out over a period of time, typically due to an arrangement such as a loan or mortgage. It is often used in the context of accounting to describe the difference between the initial cost or value of an asset and the present value of all future expenses or payments related to it.

"Unamortised" Examples

Usage Examples of "Unamortised":

1. Financial Context

The company will charge the customers for the unamortised costs of the assets over the next 5 years.

2. Business Outlook

The firm has used up most of its unamortised value of the new system, which will expire soon.

3. Accounting Terms

In a balance sheet, the numbered column of the table lists the unamortised balances after a certain period.

4. Project Management

The team leader explained that the project's initial costs, including unamortised expenses, were already recuperated within the first quarter.

5. Credit Allowance

The loan has an unamortised value, so the credit will be paid out in further payments.

Note:

- Unamortised costs: Refers to the remaining portion of an asset's cost that has not yet been spread over its useful life through depreciation.
- Amortisation: The process of gradually writing off the value of an asset over its useful life through regular charges in the income statement.