Financial Terms Glossary

Amortisation

Formal

To gradually reduce the book value (of an asset) over a period of time equal to its projected useful life. A technical term for a form of depreciation commonly used for the assets of Goodwill and types of Intellectual Know-how.

Informal

Is simply a technical term for a specific form of depreciation that is applied to Goodwill and Know-how. This is the charge that is applied over a period to reflect the reduction in worth or value of these 'clever' assets so that the business reflects the real worth of these throughout their useful lives.

What we do

At Shark Finesse we have developed an enterprise-grade cloud application to help businesses standardise and simplify their value engagements across the entire customer journey.

Shark, a business value engagement platform used by 1000’s of customer-facing teams globally (e.g. pre-sales, sales, value teams, and customer success) is easy to use, intuitive and usable directly with the customer to negotiate the likely business returns from investing in a solution.

By adopting the Shark approach you will fundamentally transform conversations with new and existing customers, close more business, and differentiate from the competition.
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