Amortization Definition

ămər-tĭ-zāshən, ə-môr-
noun
The act or process of amortizing.
American Heritage
An amortizing or being amortized.
Webster's New World
The money set aside for this purpose.
American Heritage
Money put aside for amortizing a debt, etc.
Webster's New World
In reckoning the yield of a bond bought at a premium, the periodic subtraction from its current yield of a proportionate share of the premium between the purchase date and the maturity date.
American Heritage
Synonyms:
  • amortisation

Other Word Forms of Amortization

Noun

Singular:
amortization
Plural:
amortizations

Amortization Sentence Examples

  • Here, individuals learn how amortization spreadsheets work.

  • The lower goodwill amortization charge in 2005 reflects the goodwill impairment charge taken in 2004.

  • This is a preferable method for many because the interest rates are generally low and the amortization is long, allowing borrowers to steadily pay down the debt for smaller amounts monthly.

  • A mortgage amortization calculator gives you the rate at which your home is building equity.

  • The principal adjustments are made in respect of rationalization costs, the impairment of goodwill and the amortization of acquired intangibles.

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Words Starting With

AAMAMO

Words Ending With

NONION

Unscrambles

amortization

Words Starting With A and Ending With N

Starts With A & Ends With NStarts With AM & Ends With NStarts With A & Ends With ON

Word Length

12 Letter Words12 Letter Words Starting With A12 Letter Words Ending With N