| NOUN | act | amortisation, amortization | the reduction of the value of an asset by prorating its cost over a period of years |
|---|---|---|---|
| act | amortisation, amortization | payment of an obligation in a series of installments or transfers |
| Meaning | The reduction of the value of an asset by prorating its cost over a period of years. | |
|---|---|---|
| Synonym | amortization | |
| Broader | decrease, diminution, reduction, step-down | The act of decreasing or reducing something |
| Spanish | amortización | |
| Catalan | amortització | |
| Meaning | Payment of an obligation in a series of installments or transfers. | |
|---|---|---|
| Synonym | amortization | |
| Broader | payment, defrayal, defrayment | The act of paying money |
| Spanish | amortización | |
| Verbs | amortise | liquidate gradually |
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