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“amortisation”
amortization, amortisation
1. The reduction of a debt by making payments with regular transfers or installments, or the money used for this.
2. Payment of an obligation in a series of installments or transfers.
3. The reduction of the value of an asset by prorating its cost over a period of years.
2. Payment of an obligation in a series of installments or transfers.
3. The reduction of the value of an asset by prorating its cost over a period of years.
This entry is located in the following units:
-ation, -ization (-iz[e] + -ation); -isation (British spelling variation)
(page 7)
mort-, mor-, mori-, morti- +
(page 1)