Amortization
01
(finance) the repayment of an obligation through a series of installments
fackspråkligt
grammatisk information
Exempel
The amortization schedule showed monthly payments over 30 years.
02
(accounting) the gradual reduction in the recorded value of an asset by allocating its cost over its useful life
fackspråkligt
Exempel
The patent's amortization was spread over twenty years.
