Understanding the meaning of amortization - BoostVocab

Smart Search Learn a New Word

amortization

/,æmərtɪ'zeɪʃən/

Synonyms of amortization Antonyms of amortization Examples of amortization Usage of amortization Parts of amortization Definition that contains amortization Words sounding like amortization Explanation of amortization

noun
the reduction of the value of an asset by prorating its cost over a period of years
- + New List
Similar:

amortisation

type of:
step-down diminution decrease reduction
noun
payment of an obligation in a series of installments or transfers
- + New List
Similar:

amortisation

type of:
payment defrayment defrayal

Explanation of amortization

We don`t have explanations for this word yet.