Amortization

ahd-5
  • noun. undefined
  • noun. The act or process of amortizing.
  • noun. The money set aside for this purpose.
  • noun. In reckoning the yield of a bond bought at a premium, the periodic subtraction from its current yield of a proportionate share of the premium between the purchase date and the maturity date.
  • The Century Dictionary and Cyclopedia
  • noun. The act of alienating lands or tenements to a corporation in mortmain.
  • noun. Extinction, as of debt, especially by a sinking-fund; a payment toward such extinction.
  • noun. Also admortization, amortizement.
  • the GNU version of the Collaborative International Dictionary of English
  • noun. The act or right of alienating lands to a corporation, which was considered formerly as transferring them to dead hands, or in mortmain.
  • noun. The extinction of a debt, usually by means of a sinking fund; also, the money thus paid.
  • Wiktionary, Creative Commons Attribution/Share-Alike License
  • noun. The reduction of loan principle over a series of payments.
  • noun. The distribution of the cost of an intangible asset, such as an intellectual property right, over the projected useful life of the asset.
  • WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
  • noun. the reduction of the value of an asset by prorating its cost over a period of years
  • noun. payment of an obligation in a series of installments or transfers