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...

Enter your email address to get our free Term of the Day newsletter!

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