What Is Amortization?

Amortization is an accounting method used to gradually reduce the value of an intangible asset. The asset is typically spread out over a period of time and the value is reduced through periodic charges to income. For example, if a company acquired a patent for $100,000, it could amortize the cost over the life of … Read more

Blue Chip Meaning and Examples.

A blue chip is a nationally recognized, well-established, and financially sound company. Blue chip stocks are known for their stability, reliability, and high dividend yields. Investors often consider blue chip stocks to be a safe investment, even in times of economic turmoil. examples of blue chip stocks include: -Johnson & Johnson -Procter & Gamble -Coca-Cola … Read more