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Amortization   /ˌæmərtɪzˈeɪʃən/   Listen
Amortization

noun
1.
The reduction of the value of an asset by prorating its cost over a period of years.  Synonym: amortisation.
2.
Payment of an obligation in a series of installments or transfers.  Synonym: amortisation.



Related search:
Earnings Before Interest Taxes Depreciation and Amortization


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"Amortization" Quotes from Famous Books



... these banks are to bear not to exceed 5 per cent interest. It is hoped that they will have the high credit of municipal bonds so that they may be sold at parity, bearing interest at 4 or 4.5 per cent. The loan is repaid by the farmers under a regular plan of amortization. The practical results of these measures are yet to appear. They are expected to give to loans that are made on the security of farms as wide a market and as high credit as state and municipal bonds now have. They bid fair ...
— Modern Economic Problems - Economics Vol. II • Frank Albert Fetter


Words linked to "Amortization" :   diminution, reduction, amortize, Earnings Before Interest Taxes Depreciation and Amortization, step-down, defrayment, defrayal, decrease, amortisation, payment


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