Amortization Vs depreciation!

To nurture the written values in proportion to times(any part of the useful life) when needed for capital estimates can be called as amortizations.

Irrespective of specified time i.e, a particular useful life.

Can be ascertained in any time mathematically.

Depreciation's being specified for a fiscal year of utility.

Can't be ascertained any time mathematically.

Amortizations in assets while depreciation's in liabilities.