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Show Notes
In this episode of pplpod, we explore the multifaceted definition of "amortization" beyond just paying off debt. We discuss how the term applies to the decreasing principal of a loan, but also how it functions in accounting for expensing intangible assets and in tax law as a cost recovery system. Finally, we dive into its surprising applications in computer science for analyzing algorithm costs and in zoning laws regarding non-conforming properties.