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AMORTIZATION
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Dictionary entry overview: What does amortization mean?
• AMORTIZATION (noun)
The noun AMORTIZATION has 2 senses:
1. the reduction of the value of an asset by prorating its cost over a period of years
2. payment of an obligation in a series of installments or transfers
Familiarity information: AMORTIZATION used as a noun is rare.
Dictionary entry details
Sense 1
Meaning:
The reduction of the value of an asset by prorating its cost over a period of years
Classified under:
Nouns denoting acts or actions
Synonyms:
amortisation; amortization
Hypernyms ("amortization" is a kind of...):
decrease; diminution; reduction; step-down (the act of decreasing or reducing something)
Sense 2
Meaning:
Payment of an obligation in a series of installments or transfers
Classified under:
Nouns denoting acts or actions
Synonyms:
amortisation; amortization
Hypernyms ("amortization" is a kind of...):
defrayal; defrayment; payment (the act of paying money)
Derivation:
amortize (liquidate gradually)
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