The depreciation and amortization items added to earnings are both non-cash accounting entries. Depreciation is used to write down the cost of capital items purchased by a business and amortization is for intangible items.
Long experience of someone or something can make one so aware of the faults as to be scornful. For example, Ten years at the same job and now he hates it-familiarity breeds contempt. The idea is much older, but the first recorded use of this expression was in Chaucer's Tale of Melibee (c. 1386).
Familiarity is the state of knowing something very well. It's also a casual way of behaving. Your familiarity with your best friend means that you can say whatever you want around her. Familiarity is from the Latin word familiaritatem for intimacy, friendship.â Familiarity is used in situations that people know well. A painter has a familiarity with brushes and canvas. When thereâs familiarity with a task, people arenât stressed, because theyâve done it before.