amortization
Pronunciation
  • (British) IPA: /əˌmɔːtəˈzeɪʃən/, /əˌmɔːtaɪˈzeɪʃən/
  • (America) IPA: /ˌæmɚtəˈzeɪʃən/, /əˌmɔɹtəˈzeɪʃən/
Noun

amortization

  1. The reduction of loan principal over a series of payments.
  2. The distribution of the cost of an intangible asset, such as an intellectual property right, over the projected useful life of the asset.
Translations


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