Defenition of the word amortization
-
Defenition of the word amortization
- payment of an obligation in a series of installments or transfers
- the reduction of the value of an asset by prorating its cost over a period of years
Synonyms for the word amortization
Hypernyms for the word amortization
-
- decrease
- defrayal
- defrayment
- diminution
- paying
- payment
- reduction
- step-down
See other words