The accounting process of allocation cost of intangible assets is called?

The accounting process of allocation cost of intangible assets is called?

غیر محسوس اثاثوں کی مختص لاگت کے حساب کتاب کے عمل کو کہا جاتا ہے؟
Explanation

Amortization is the process of expensing the cost of an intangible asset over the projected life of the asset for tax or accounting purposes.