Amortization — synonyms, definition

1. amortization (Noun)

1 synonym
amortisation
2 definitions

amortization (Noun) — The reduction of the value of an asset by prorating its cost over a period of years.

amortization (Noun) — Payment of an obligation in a series of installments or transfers.

7 types of
decrease defrayal defrayment diminution payment reduction step-down
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