amortization
About 0.85 uses per million words.
Meaning
- noun The reduction of loan principal over a series of payments.
- noun The distribution of the cost of an intangible asset, such as an intellectual property right, over the projected useful life of the asset.
Similar words
amortisation write-down discount write-off dividend capital cost repayment redemption allowance
Often followed by
of period schedule and is expense payments for deduction
Word family
amortizations
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