Meaning

2 senses
  1. (countable, uncountable)The reduction of loan principal over a series of payments.

    the reduction of the value of an asset by prorating its cost over a period of years

  2. (countable, uncountable)The distribution of the cost of an intangible asset, such as an intellectual property right, over the projected useful life of the asset.

    Abschreibung

    амортиза́цияamortizácija

Translations

6 languages
Русский
By meaning 1
process of distributing asset cost:
Deutsch
By meaning 1
process of distributing asset cost:

Origin

From Middle English amortisen (“to kill, alienate in mortmain”), from Anglo-Norman amortes

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”).

Wiktionary, CC BY-SA 4.0 · source

Forms

plural: amortizations

Synonyms

1 synonyms
Close in meaning
  • payment of an obligation in a series of installments or transfers:amortisation
  • the reduction of the value of an asset by prorating its cost over a period of years:amortisation

Word family

3 related words

See also

neighbours in the dictionary
amortization — meaning, examples, forms, synonyms | Krumeto