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Dictionary Results for amortization

1. amortization - noun

· the reduction of the value of an asset by prorating its cost over a period of years

Synonym(s): amortisation

Hypernym(s): decrease, diminution, reduction, step-down

2. amortization - noun

· payment of an obligation in a series of installments or transfers

Synonym(s): amortisation

Hypernym(s): payment, defrayal, defrayment

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