amortization meaning
UK US /ˌæmɚtɪˈzeɪʃən/ 5 syllables
amortization (noun): the reduction of the value of an asset by prorating its cost over a period of years.
Spelling: amortisation (British) · amortization (American)
amortization has 2 meanings in this dictionary.
amortization as a noun
- the reduction of the value of an asset by prorating its cost over a period of years
Synonyms: amortisation
Type of: decrease
- payment of an obligation in a series of installments or transfers
Synonyms: amortisation
Type of: payment
Related forms: amortize
How to pronounce amortization
amortization is pronounced /ˌæmɚtɪˈzeɪʃən/ in American English. It has 5 syllables, with the stress on the fourth syllable.
Words that rhyme with amortization
Scrabble score: 23 (letter breakdown)
Word lists: words starting with AM · words ending in ON · 12-letter words
More about amortization on Wikipedia.