#asset lifecycle

• Amortized — Having undergone the process of amortization or dampening; an asset or investment whose cost has been fully or partially recovered by recording it as an operating expense; a debt cleared through scheduled installments. In a physical or technical sense, it describes an oscillatory motion, vibration, or impact whose intensity has been reduced or cancelled through energy absorption.
• Amortization — An archaic and hybrid linguistic transition form used sporadically in early 20th-century economic literature as a synonym for 'amortisment' or 'amortizare'. The term defines the accounting process of recording the depreciation of fixed assets or the gradual settlement of a financial obligation through periodic payments.