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What does accelerated amortization mean?

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accelerated amortization
Noun
AE

An amortization method that allocates and expenses the cost of an intangible or financial asset in decreasing amounts in each accounting period over the asset’s life, it producing higher amortization expense and generates greater tax benefits in the asset’s early years.

Synonym(s): 
  • accelerated amortization method.
  • [AE]: accelerated amortisation
    .
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