GDict

amortization

ә,mɔ:ti'zeiʃәn3 senses · 83 ms
Level C2
local copy0 msLicense: CC BY-SA 4.0Wiktionary contributors
noun/əˌmɔːtəˈzeɪʃən//əˌmɔːtaɪˈzeɪʃən//ˌæmɚtəˈzeɪʃən/
  1. 1

    The reduction of loan principal over a series of payments.countableuncountable

  2. 2

    The distribution of the cost of an intangible asset, such as an intellectual property right, over the projected useful life of the asset.countableuncountable

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