Associations to the word «Amortization»

AMORTIZATION, noun. The reduction of loan principal over a series of payments.

AMORTIZATION, noun. The distribution of the cost of an intangible asset, such as an intellectual property right, over the projected useful life of the asset.

AMORTIZATION, noun. The reduction of the value of an asset by prorating its cost over a period of years.

AMORTIZATION, noun. Payment of an obligation in a series of installments or transfers.