Residual value: related pages

Amortisation is the equivalent of depreciation for intangible assets.

The allocation of cost to the profit and loss account, spread out over several years according the the measured usage of the asset in each year.

Assets that have a physical form and financial assets, as opposed to intangible assets.

The value of assets as shown on the balance sheet.

An asset value based on the actual purchase cost, or the accounting principle that requires this.

The accounting principle of matching of costs to the revenues they generate.