Link Centre Dictionary

amortization

amor·ti·za·tion

UK/əˌmɔːtəˈzeɪʃən/ US/əˌmɔːtaɪˈzeɪʃən/ uncommon

noun

1.

the reduction of the value of an asset by prorating its cost over a period of years

Synonyms
2.

payment of an obligation in a series of installments or transfers

Synonyms

Origin

From Middle English amortisen (“to kill, alienate in mortmain”), from Anglo-Norman amorteser, alteration of Old French amortir, from Vulgar Latin *admortire (“to kill”), from Latin ad- and mors, mortem (“death”).

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Word family

Broader terms

WordNet 2.1 (Princeton University). Wiktionary (CC BY-SA). CMU Pronouncing Dictionary. WordNet 2.1 Copyright Princeton University. All rights reserved. Wiktionary content is available under the Creative Commons Attribution-ShareAlike Licence.