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.

Related Terms

negative amortization -  More

graduated payment -  More

amortization method -  More

Mentioned in these terms

Related Personal Finance Articles

Loading...

amortization in the news

Loading...

amortization is ...

Search volume for amortization

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z