Nev. Admin. Code § 361.216 — 361.216

NAC 361.216    “Amortization” defined. ( NRS
360.090 , 361.320 )    “Amortization” means the
orderly writing off of an investment by making periodic charges against current
income or the orderly retirement of an obligation by making periodic payments
to the creditor.
[Tax Comm’n, Property Tax Reg. part No. 15, eff. 10-30-79]