Amortization Definition & Meaning

About The Word Amortization

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Amortization

Amortization Definition And Meaning
What's The Definition Of Amortization? [n] payment of an obligation in a series of installments or transfers [n] the reduction of the value of an asset by prorating its cost over a period of years Synonyms \| Synonyms for Amortization: amortisation Related Terms \| Find terms related to Amortization: abalienation \| acquitment \| acquittal \| acquittance \| alienation \| amortizement \| assignation \| assignment \| bargain and sale \| barter \| bequeathal \| binder \| cash \| cash payment \| cession \| clearance \| conferment \| conferral \| consignation \| consignment \| conveyance \| conveyancing \| debt service \| deeding \| defrayal \| defrayment \| deliverance \| delivery \| demise \| deposit \| disbursal \| discharge \| disposal \| disposition \| doling out \| down payment \| earnest \| earnest money \| enfeoffment \| exchange \| giving \| hire purchase \| hire purchase plan \| installment \| installment plan \| interest payment \| lease and release \| liquidation \| monthly payments \| never-never \| paying \| paying off \| paying out \| paying up \| payment \| payment in kind \| payoff \| prepayment \| quarterly payments \| quittance \| regular payments \| remittance \| retirement \| sale \| satisfaction \| settlement \| settling \| sinking-fund payment \| spot cash \| surrender \| trading \| transfer \| transference \| transmission \| transmittal \| vesting \| weekly payments See Also \| decrease \| defrayal \| defrayment \| diminution \| payment \| reduction \| step-down Amortization In Webster's Dictionary \Amor`tiza"tion\, n. [LL. amortisatio, admortizatio. See {Amortize}, and cf. {Admortization}.] 1. (Law) The act or right of alienating lands to a corporation, which was considered formerly as transferring them to dead hands, or in mortmain. 2. The extinction of a debt, usually by means of a sinking fund; also, the money thus paid. --Simmonds.

Amortization Definition And Meaning

What's The Definition Of Amortization?

[n] payment of an obligation in a series of installments or transfers
[n] the reduction of the value of an asset by prorating its cost over a period of years

Synonyms | Synonyms for Amortization: amortisation

Amortization In Webster's Dictionary

\A*mor`ti*za"tion\, n. [LL. amortisatio,
admortizatio. See {Amortize}, and cf. {Admortization}.]
1. (Law) The act or right of alienating lands to a
   corporation, which was considered formerly as transferring
   them to dead hands, or in mortmain.

2. The extinction of a debt, usually by means of a sinking
   fund; also, the money thus paid. --Simmonds.

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