English translation: the amortizations corresponding to the year (in question)
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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:
las amortizaciones correspondientes al año
the amortizations corresponding to the year (in question)
Explanation: Think the word order is important here. They may not have been entered at all, or have been entered erroneously for another year. Plural in the original and plural in English, because it may be referring to a number of repayments - unlikely only to have one in a year. (And if it´s not repayments, but calculation of depreciation, it will be applying to various accountable items.)
Explanation: This is it - See definition below:
An accounting description of the writing-down of the book value of an asset over time or the systematic repayment of a debt. Amortisation of a debt is the gradual reduction in value of the debt through the payment of regular instalments until the total amount has been discharged. A loan which is not amortised would involve the payment of interest only during the term of the loan and then the repayment of the principal in full. Accountants use the term 'amortisation' to describe what others would call 'depreciation' when writing down the value of intangibles such as patents or capitalised oil exploration expenses.
Louisa Coleman Local time: 09:00 Specializes in field Native speaker of: English PRO pts in category: 6
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