amortization : Dictionary / Wörterbuch (BEOLINGUS, TU Chemnitz)

English Dictionary: amortization	by the DICT Development Group
2 results for amortization
From WordNet (r) 3.0 (2006) [wn]:
amortization n the reduction of the value of an asset by prorating its cost over a period of years Synonym(s): amortization, amortisation payment of an obligation in a series of installments or transfers Synonym(s): amortization, amortisation
From Webster's Revised Unabridged Dictionary (1913) [web1913]:
Amortization \Amor`tiza"tion\, n. [LL. amortisatio, admortizatio. See {Amortize}, and cf. {Admortization}.] 1. (Law) The act or right of alienating lands to a corporation, which was considered formerly as transferring them to dead hands, or in mortmain. 2. The extinction of a debt, usually by means of a sinking fund; also, the money thus paid. --Simmonds.