Amortization Meaning In English. The reduction of the value of an asset by prorating its cost over a period of years. To amortize a loan your payments must be large enough to pay not only the interest that has accrued but also to reduce the principal you owe.
Mar 30 2021 or amortisation əˌmɔːtaɪˈzeɪʃən noun. The act or process of amortizing. Amortize derives via Middle English and Anglo-French from Vulgar Latin admortire meaning to kill.
The reduction of the value of an asset by prorating its cost over a period of years.
The process of reducing a cost or total in regular small amounts. Definitions and Meaning of amortization in English amortization noun. Definitions and Meaning of amortization in English amortization noun. To amortize a loan your payments must be large enough to pay not only the interest that has accrued but also to reduce the principal you owe.
