Nev. Admin. Code § 706.570

Current through December 12, 2024

Section 706.570 - "Amortization" defined

"Amortization" means the gradual extinguishment of an amount in an account by distributing such amount over a fixed period, over the life of the asset or liability to which it applies, or over the period during which the benefit is anticipated to be realized.

Nev. Admin. Code § 706.570

Taxicab Auth., Uniform System of Accounts Reg. Definitions § 4, eff. 12-24-70

NRS 706.8818, 706.8829