This paper presents the results of research into a bulk amorphous alloy based on Fe. Samples with the composition Fe61Co10Y8Mo1B20 were prepared in the form of plates using an injection-casting method. The samples were then subjected to an isothermal annealing process (at less than the crystallization temperature) of 700 K for 1 h and 770 K for 3.5 h The structures of the samples were investigated, both in the state after solidification and following the heat treatment, using X-ray diffraction (XRD) and Mössbauer spectroscopy. The results confirmed that the samples, both after solidification and after annealing, were amorphous. Magnetic measurements were carried out using a vibrating-sample magnetometer (VSM) with magnetic fields of up to 2 T. Based on these measurements, the effect of the isothermal annealing process on the magnetic properties was defined, including the saturation magnetization μ0Ms and coercive field Hc. Using the Kronmüller theory, the initial magnetization curves were analysed in the area of approach to ferromagnetic saturation. On the basis of this theory, the quantity and quality of the structural defects were defined; these defects play a critical role in the magnetization process in high magnetic fields. Following this study, the sample annealed at 770 K for 1 h was found to feature a relatively low coercive field and the higher value of magnetization saturation. Linear defects, the so-called quasidislocational dipoles, played the leading role in the process of magnetization of the test samples. Keywords: bulk amorphous alloys, structure, soft magnetic properties, defectŝ lanek predstavlja rezultate raziskave masivne amorfne zlitine na osnovi Fe. Vzorci s sestavo Fe61Co10Y8Mo1B20 so bili pripravljeni v obliki plo{~, s pomo~jo tla~nega litja. Vzorci so bili izotermno`arjeni 1 h (pri temperaturi ni`ji od temperature kristalizacije) na 700 K in 3,5 h na 770 K. Preiskana je bila struktura vzorcev, v stanju po strjevanju in po toplotni obdelavi. Uporabljena je bila rentgenska difrakcija (XRD) in Mössbauerjeva spektroskopija. Rezultati so potrdili, da so bili vzorci po strjevanju in po`arjenju v amorfnem stanju. Magnetne meritve so bile izvedene s pomo~jo magnetometra z vibriranjem vzorca (VSM) v magnetnih poljih jakosti do 2 T. Na osnovi meritev je bil dolo~en vpliv izotermnega`arjenja na magnetne lastnosti, vklju~no z nasi~eno magnetizacijo μ0Ms in koercitivnim poljem Hc. Z uporabo Kronmüllerjeve teorije so bile analizirane za~etne krivulje magnetizacije blizu podro~ja feromagnetnega nasi~enja. Na osnovi te teorije je bila dolo~ena koli~ina in kakovost strukturnih napak; te napake igrajo klju~no vlogo pri procesu magnetizacije v mo~nih magnetnih poljih. Na podlagi te {tudije je bilo ugotovljeno, da vzorci`arjeni 1 h ka`ejo relativno {ibko koercitivno polje in visoko vrednost nasi~ene magnetizacije. Linearne napake, imenovane kvazi-dislokacijski dipoli, igrajo vodilno vlogo pri procesu magnetizacije preizku{anih vzorcev. Klju~ne besede: masivne amorfne zlitine, struktura, mehko magnetne lastn...