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noun
1.
an act or instance of amortizing a debt or other obligation.
2.
the sums devoted to this purpose.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Based on the Random House Dictionary, © Random House, Inc. 2012.
Cite This Source
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Link To amortization
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Amortization
has a plethora of syllables.
So is supercalifragilisticexpialidocious. Does it mean:
| (used as a nonsense word by children to express approval or to represent the longest word in English.) |
| a white, crystalline, water-insoluble, powerful high explosive, C3H6N6O6, used chiefly in bombs and shells. |
Example Sentences
- Depreciation, amortization and severance costs were included in the amount, not excluded.
- Therefore the further you get into the amortization schedule you go the larger the deduction, encouraging people to pay down debt.
- They pay mortgages and contemplate amortization schedules and property taxes.
Collins
World English Dictionary
| amortization or amortisation (əˌmɔːtaɪˈzeɪʃən) | |
| —n | |
| 1. | a. the process of amortizing a debt |
| b. the money devoted to amortizing a debt | |
| 2. | Compare accumulation (in computing the redemption yield on a bond purchased at a premium) the amount that is subtracted from the annual yield |
| amortisation or amortisation | |
| —n | |
| amortizement or amortisation | |
| —n | |
| amortisement or amortisation | |
| —n | |
Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Etymonline
Word Origin & History
amortization
1670s, in ref. to lands given to religious orders, from M.L. amortizationem, noun of action from amortizare (see amortize). Of debts, from 1864.
Online Etymology Dictionary, © 2010 Douglas Harper
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American Heritage
Cultural Dictionary
amortization [(am-uhr-tuh-zay-shuhn, uh-mawr-tuh-zay-shuhn)]A term that refers either to the gradual paying off of a debt in regular installments over a period of time or to the depreciation of the “book value” (that is, the standard assessed value) of an asset over a period of time.
The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
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