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amortization definition

am·or·ti·za·tion (am′ər ti zās̸hən, ə môr′tə-)

noun

  1. an amortizing or being amortized
  2. money put aside for amortizing a debt, etc.
    also amortizement amor′·tize·ment (ə môrtiz 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.
amortization usage examples (more)

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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"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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