What does amortisation mean in economics? Why do sports clubs say, for example, that they cannot sell a player because they paid 100M for him and he is not yet amortised?

Question

What does amortisation mean in economics? Why do sports clubs say, for example, that they cannot sell a player because they paid 100M for him and he is not yet amortised?

In: 4

Answer 1

Other people have already gone into detail so I’ll add one more thing which is to say that Amortization is more of an accounting concept than an economic one.