AMORTIZATION

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does amortization mean? 

• AMORTIZATION (noun)
  The noun AMORTIZATION has 2 senses:

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

2. payment of an obligation in a series of installments or transfers

  Familiarity information: AMORTIZATION used as a noun is rare.

 Dictionary entry details 

• AMORTIZATION (noun)

Sense 1

Meaning:

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

Classified under:

Nouns denoting acts or actions

Synonyms:

amortisation; amortization

Hypernyms ("amortization" is a kind of...):

decrease; diminution; reduction; step-down (the act of decreasing or reducing something)

Sense 2

Meaning:

Payment of an obligation in a series of installments or transfers

Classified under:

Nouns denoting acts or actions

Synonyms:

amortisation; amortization

Hypernyms ("amortization" is a kind of...):

defrayal; defrayment; payment (the act of paying money)

Derivation:

amortize (liquidate gradually)