Amortization
Definition & Meaning
Pronunciation /əˌmɔːtəˈzeɪʃən/ · Part of speech noun
Quick meaning: Amortization is a noun meaning The reduction of loan principal over a series of payments.
Meaning
The reduction of loan principal over a series of payments.
More Meanings
- The distribution of the cost of an intangible asset, such as an intellectual property right, over the projected useful life of the asset.
Word Forms
- amortizations
- amortisation
Synonyms for amortization
Depending on context, synonyms include amortisation.
Related Words
Related dictionary entries include amortisation, write-down, discount, write-off, dividend, capital.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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