Associations to the word «Amortization»
Adverb
Wiktionary
AMORTIZATION, noun. The reduction of loan principal over a series of payments.
AMORTIZATION, noun. The distribution of the cost of an intangible asset, such as an intellectual property right, over the projected useful life of the asset.
Dictionary definition
AMORTIZATION, noun. The reduction of the value of an asset by prorating its cost over a period of years.
AMORTIZATION, noun. Payment of an obligation in a series of installments or transfers.
Wise words
Wisdom does not show itself so much in precept as in life -
in firmness of mind and a mastery of appetite. It teaches us
to do, as well as talk, and to make our words and actions
all of a color.