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amortization

Definition of amortization (English)

noun

  1. the reduction of the value of an asset by prorating its cost over a period of years
    sumber: wordnet30
  2. payment of an obligation in a series of installments or transfers
    sumber: wordnet30
  3. The act or right of alienating lands to a corporation, which was considered formerly as transferring them to dead hands, or in mortmain.
    sumber: webster1913