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/ English Dictionary

AMORTIZATION

Pronunciation (US): Play  (GB): Play

 I. (noun) 

Sense 1

Meaning:

Payment of an obligation in a series of installments or transfersplay

Synonyms:

amortisation; amortization

Classified under:

Nouns denoting acts or actions

Hypernyms ("amortization" is a kind of...):

defrayal; defrayment; payment (the act of paying money)

Derivation:

amortize (liquidate gradually)

Sense 2

Meaning:

The reduction of the value of an asset by prorating its cost over a period of yearsplay

Synonyms:

amortisation; amortization

Classified under:

Nouns denoting acts or actions

Hypernyms ("amortization" is a kind of...):

decrease; diminution; reduction; step-down (the act of decreasing or reducing something)

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