What is Bond Amortization?
Bond amortization is known as the gradual decrease of value of an intangible asset over the span of its estimated useful life.
Bond amortization is known as the gradual decrease of value of an intangible asset over the span of its estimated useful life.
Amortization allows you to pay fixed payments until a loan is paid off. Each time you make a payment, a portion of your payment covers the loan’s principal.