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Amortisation (Noun)

Meaning 1

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

Classification

Nouns denoting acts or actions.

Synonyms

  • Amortization

Hypernyms

  • Decrease
  • Step-down
  • Reduction

Meaning 2

Payment of an obligation in a series of installments or transfers.

Classification

Nouns denoting acts or actions.

Synonyms

  • Amortization

Hypernyms

  • Defrayment
  • Payment

Related Words

  • Amortise (verb)
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