Nev. Admin. Code § 361.216

Current through December 12, 2024

Section 361.216 - "Amortization" defined

"Amortization" means the orderly writing off of an investment by making periodic charges against current income or the orderly retirement of an obligation by making periodic payments to the creditor.

Tax Comm'n, Property Tax Reg. part No. 15, eff. 10-30-79

NRS 360.090, 361.320