The Client Information System (CIS) is a web-based application designed for use on. most computers with an internet connection. There are, however, some minimum. requirements that must be met for its correct operation. While CIS may work (or. appear to work) normally on other operating systems or using other web browsers,
Amortization refers to spreading the cost of an intangible asset over its useful life. Depreciation refers to prorating the cost of a tangible asset over its estimated life. Intangible assets include patents, copyrights, and intellectual property. Tangible assets include land, buildings, equipment, and vehicles.
BREAKING DOWN 'Amortized Bond'. Amortization is an accounting method that gradually and systematically reduces the cost value of a limited life, intangible asset. Treating a bond as an amortized asset is an accounting method in the handling of bonds.Amortizing allows bond issuers to treat the bond discount as an asset over the life of the bond (until the bond's maturity). RELATED TERMS.reating a bond as an amortized asset is an accounting method in the handling of bonds. Amortizing allows bond issuers to treat the bond discount as an asset over the life of the bond (until the bond's maturity). RELATED TERMS.