Definitions for amortization
ˌæm ər təˈzeɪ ʃən, əˌmɔr-; -ˈtaɪz mənt, əˈmɔr tɪz-amor·ti·za·tion

Princeton's WordNetRate this definition:0.0 / 0 votes

1. amortization, amortisationnoun

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

2. amortization, amortisationnoun

   payment of an obligation in a series of installments or transfers

WiktionaryRate this definition:0.0 / 0 votes

1. amortizationnoun

   The reduction of loan principle over a series of payments.

2. amortizationnoun

   The distribution of the cost of an intangible asset, such as an intellectual property right, over the projected useful life of the asset.

Samuel Johnson's DictionaryRate this definition:0.0 / 0 votes

1. Amortization, Amortizementnoun

   The right or act of transferring lands to mortmain; that is, to some community, that never is to cease.

   Etymology: amortissement, amortissable, Fr.

   Every one of the religious orders was confirmed by one pope or other; and they made an especial provision for them, after the laws of amortization were devised and put in use by princes. John Ayliffe, Parergon Juris Canonici.

ChatGPTRate this definition:0.0 / 0 votes

1. amortization

   Amortization is a financial term that refers to the process of spreading out a loan or the cost of an asset into a series of fixed payments over a specified period. The goal of amortization is to decrease the balance over a fixed period, eventually bringing the balance to zero. This applies to both loans - like a mortgage or a car loan, and assets - like machinery or equipment. Each payment contributes to the principal amount and interest. Over time, the interest portion decreases, and the principal portion increases. Amortization can also refer to writing off intangible assets or investments over a period to reduce the taxable income.

Webster DictionaryRate this definition:0.0 / 0 votes

1. Amortizationnoun

   the act or right of alienating lands to a corporation, which was considered formerly as transferring them to dead hands, or in mortmain

2. Amortizationnoun

   the extinction of a debt, usually by means of a sinking fund; also, the money thus paid

3. Etymology: [LL. amortisatio, admortizatio. See Amortize, and cf. Admortization.]

WikidataRate this definition:0.0 / 0 votes

1. Amortization

   In business, amortization refers to spreading payments over multiple periods. The term is used for two separate processes: amortization of loans and amortization of intangible assets.

Matched Categories

1. • Payment
   • Reduction

How to pronounce amortization?

1. Alex

   US English

   David

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   Mark

   US English

   Daniel

   British

   Libby

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   Mia

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   Australian

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   Neerja

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How to say amortization in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of amortization in Chaldean Numerology is: 8

2. Pythagorean Numerology

   The numerical value of amortization in Pythagorean Numerology is: 8

Examples of amortization in a Sentence

1. Eric Chiou:

   For some LCD panel manufacturers, OLED production may be too much of an investment, especially when that may result in increased competition against their own LCD products, producing OLED panels means taking on an enormous amortization cost ... and there may be a long interim period before seeing profits.

2. Finance Minister Ravi Karunanayake:

   We are also asking for development aid (from the IMF), we are asking as a new government that has come in. We want to try and reduce the gap because our debt amortization is roughly about 1.3 trillion Sri Lankan rupees ($9.8 billion) a year.

3. Jaroslaw Romanowski:

   In the fourth quarter we expect further growth of copper and molybdenum output. The EBITDA( earnings before interest, taxes, depreciation and amortization) level should be positive in the fourth quarter.

Popularity rank by frequency of use

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=amortization
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Amortization
3. ^ Samuel Johnson's Dictionary
   https://johnsonsdictionaryonline.com/views/search.php?term=amortization
4. ^ ChatGPT
   https://chat.openai.com
5. ^ Webster Dictionary
   https://www.merriam-webster.com/dictionary/amortization
6. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=amortization