English dictionary
amortization meaning and definition
Definition and meaning of amortization at MeaningMonkey.org. amortization meaning and definition in the English Dictionary.AMORTIZATION noun
Definition of amortization (noun)
- the reduction of the value of an asset by prorating its cost over a period of years
- synonyms: amortisation
- payment of an obligation in a series of installments or transfers
- synonyms: amortisation
Source: Princeton University Wordnet