amortization
English
Alternative forms
Etymology
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
Noun
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
the reduction of loan principal over a series of payments
process of distributing asset cost
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See also
- depreciation (of tangible assets)
- depletion (of natural resources)
Further reading
Amortization of loans on Wikipedia.Wikipedia - Amortization of intangible assets on Wikipedia.Wikipedia
- Intangible assets on Wikipedia.Wikipedia
- Fixed assets on Wikipedia.Wikipedia
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