amortization
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amortization definition
am·or·ti·za·tion (am′ər ti zā′s̸hən, ə môr′tə-)
noun
- an amortizing or being amortized
- money put aside for amortizing a debt, etc. also amortizement amor′·tize·ment (ə môr′tiz mənt)
Webster's New World College Dictionary Copyright © 2005 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.
Alternate definitions:
amortization Usage Examples
Preposition: of
- goodwill: Earnings before taxes and amortization of goodwill totaled 384 million euros, up from 213 million in the first half of fiscal 2003-04.
Converse of object
- include: Unlike mortgage payments, which include complicated yearly amortization of the principal loan amount, interest-only payments are calculated very easily.
Adjective modifier
- negative: Negative amortization is the possible downside of the payment cap that keeps monthly payments from covering the cost of interest.
Modifies a noun
- calculator: A financial amortization calculator, for loans, bonds, mortgages, annuities, and investments.
Noun used with modifier
- goodwill: For the fourth quarter of 2001, SG&A expenses included $ 5.5 million of restructuring charges and $ 2.5 million of goodwill amortization.
The word usage examples above have been gathered from various sources to reflect current and historical usage. They do not represent the opinions of YourDictionary.com.
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MLA Style
"amortization." Webster's New World College Dictionary. 2009
- Your Dictionary. 5 July 2009
- <www.yourdictionary.com/amortization>
APA Style
amortization. (2009). In Webster's New World College Dictionary
- Retrieved July 5th, 2009, from www.yourdictionary.com/amortization
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