amortization
English edit
Alternative forms edit
Etymology edit
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”).
Pronunciation edit
- (UK) IPA(key): /əˌmɔːtəˈzeɪʃən/, /əˌmɔːtaɪˈzeɪʃən/
- (US) IPA(key): /ˌæmɚtəˈzeɪʃən/, /əˌmɔɹtəˈzeɪʃən/
Audio (US) (file)
Noun edit
amortization (countable and uncountable, plural amortizations)
- The reduction of loan principal over a series of payments.
- The distribution of the cost of an intangible asset, such as an intellectual property right, over the projected useful life of the asset.
Translations edit
the reduction of loan principal over a series of payments
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process of distributing asset cost
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See also edit
- depreciation (of tangible assets)
- depletion (of natural resources)
Further reading edit
- Amortization of loans on Wikipedia.Wikipedia
- Amortization of intangible assets on Wikipedia.Wikipedia
- Intangible assets on Wikipedia.Wikipedia
- Fixed assets on Wikipedia.Wikipedia