Amortization

A non-cash operating expense that reduces the value of intangible assets (such as patents, trademarks or goodwill) in a systematic manner. Amortization is recorded in the financial statements of an entity as a reduction in the carrying value of the intangible asset in the balance sheet and as an expense in the income statement.

Updated on
September 9, 2022
Published on
June 20, 2018
The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Federal Acquisition Regulation (FAR)
The body of regulations which is...
Hardship Waiver
Method used to approve a...
Duplicated Interest
The amount of interest exp...
Small Business
A business smaller than...
Subcontract
A contract between a prime cont...
Mentor
A business, usually large, or...
Working Capital (WC)
The amount of current assets that...
Protégé
A firm in a developmental stage that...
Prime Contract
A contract awarded directly...
Days Payable
A measure of the average time a...
Injury Analysis
Measures the effects of...
Depreciation
A non-cash operating expense that...
Extraordinary Items
Additional expenses that are...
Business Activity
The business (or loss) activity of...

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