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Amortization (Noun)

Meaning 1

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

Classification

Nouns denoting acts or actions.

Synonyms

  • Amortisation

Hypernyms

  • Defrayal
  • Defrayment

Related Words

  • Amortize (verb)

Meaning 2

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

Classification

Nouns denoting acts or actions.

Synonyms

  • Amortisation

Hypernyms

  • Step-down
  • Reduction
  • Diminution
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