Associations to the word «Amortisation»

Wiktionary

AMORTISATION, noun. Alternative spelling of amortization

Dictionary definition

AMORTISATION, noun. The reduction of the value of an asset by prorating its cost over a period of years.
AMORTISATION, noun. Payment of an obligation in a series of installments or transfers.

Wise words

To use the same words is not a sufficient guarantee of understanding; one must use the same words for the same genus of inward experience; ultimately one must have one's experiences in common.
Friedrich Nietzsche