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1. (n.) amortization
an act or instance of amortizing a debt or other obligation.
2. amortization
the sums devoted to this purpose.
Etymology: (1665–75)
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| Definition of 'Amortization' |
Princeton's WordNet |
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1. (noun) amortization, amortisation
the reduction of the value of an asset by prorating its cost over a period of years
2. (noun) amortization, amortisation
payment of an obligation in a series of installments or transfers
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| Definition of 'Amortization' |
Webster Dictionary |
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1. (noun) Amortization
the act or right of alienating lands to a corporation, which was considered formerly as transferring them to dead hands, or in mortmain
2. (noun) Amortization
the extinction of a debt, usually by means of a sinking fund; also, the money thus paid
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| Alternative search options for 'Amortization' |
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Definitions of Amortization 
