 amortization |
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| 1. | [ noun ] the reduction of the value of an asset by prorating its cost over a period of years | |
| Synonyms: | amortisation | |
| Related terms: | decrease | |
| 2. | [ noun ] (business) payment of an obligation in a series of installments or transfers | |
| Synonyms: | amortisation | |
| Related terms: | payment amortize | |
| Similar spelling: |
amortisation |
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