amortization
Pronunciation Noun
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Pronunciation Noun
amortization
- The reduction of loan principal over a series of payments.
- The distribution of the cost of an intangible asset, such as an intellectual property right, over the projected useful life of the asset.
- French: amortissement
- German: Abschreibung
- Portuguese: amortização
- Russian: амортиза́ция
- Spanish: amortización
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.003