amortization
Definition 1
The gradual elimination of a liability, such as a mortgage, in regular payments over a specified period of time. Such payments must be sufficient to cover both principal and interest.
Definition 2
Writing off an intangible asset investment over the projected life of the assets.
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Related Terms
negative amortization, graduated payment, amortization method
'amortization
' appears in the definitions of these terms on BusinessDictionary.com level payment mortgage, amortized cost, capital expenditure to sales ratio, capital intensive, operating cash flow, and
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