amortization

2 ENTRIES FOUND:

am·or·ti·za·tion

noun \ˌa-mər-tə-ˈzā-shən also ə-ˌmr-\

Definition of AMORTIZATION

1
:  the act or process of amortizing
2
:  the result of amortizing

First Known Use of AMORTIZATION

1851

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

Rhymes with AMORTIZATION

abbreviation, abomination, acceleration, accentuation, accommodation, accreditation, acculturation, accumulation, actualization, adjudication, administration, adulteration, affiliation, agglomeration, alienation, alleviation, alliteration, amalgamation, amelioration, amplification, anglicization, annihilation, annunciation, anticipation, appreciation, appropriation, approximation, argumentation, articulation, asphyxiation, assassination, asseveration, assimilation, association, atomization, attenuation, authentication, authorization, autoxidation, balkanization, bastardization, beautification, bowdlerization, calcification, canonization, capitulation, centralization, certification, cicatrization, civilization, clarification, classification, coagulation, codification, coeducation, cogeneration, cohabitation, collaboration, colonization, colorization, commemoration, commiseration, communication, concatenation, conciliation, confabulation, confederation, configuration, conglomeration, congratulation, consideration, consolidation, contamination, continuation, cooperation, coordination, corroboration, cross-pollination, crystallization, deactivation, debilitation, decapitation, deceleration, deconsecration, de-escalation, defenestration, defibrillation, deforestation, defragmentation, degeneration, deification, deliberation, delineation, demonization, denomination, denunciation, depopulation, depreciation, deracination, deregulation, desegregation, despoliation, determination, devaluation, digitization, disapprobation, discoloration, discrimination, disembarkation, disinclination, disinformation, disintegration, Disneyfication, dissemination, dissimulation, dissociation, documentation, domestication, dramatization, echolocation, edification, ejaculation, elaboration, elimination, elucidation, emaciation, emancipation, emasculation, enumeration, enunciation, equalization, equivocation, eradication, evacuation, evaluation, evaporation, evisceration, exaggeration, examination, exasperation, exhilaration, exoneration, expropriation, extenuation, extermination, extrapolation, facilitation, falsification, felicitation, feminization, fertilization, feudalization, finalization, Finlandization, formalization, fortification, fossilization, gasification, gentrification, gesticulation, globalization, glorification, gratification, habituation, hallucination, harmonization, humanization, humiliation, hyperinflation, idolization, illumination, imagination, impersonation, implementation, improvisation, inauguration, incarceration, incineration, incorporation, incrimination, indoctrination, inebriation, infatuation, initiation, inoculation, insemination, insinuation, instrumentation, internalization, interpretation, interrelation, interrogation, intimidation, intoxication, invagination, invalidation, investigation, invigoration, irradiation, itemization, justification, legalization, liberalization, magnetization, magnification, maladaptation, manifestation, manipulation, matriculation, maximization, mechanization, memorization, miscegenation, mobilization, modernization, modification, mortification, multiplication, mystification, nationalization, naturalization, negotiation, normalization, notification, novelization, nullification, obliteration, organization, origination, orientation, ornamentation, ossification, oxygenation, pacification, paralyzation, participation, pasteurization, perambulation, peregrination, perpetuation, personalization, petrification, polarization, pontification, precipitation, predestination, prefabrication, prefiguration, premeditation, preoccupation, preordination, preregistration, prettification, privatization, procrastination, prognostication, proliferation, propitiation, purification, qualification, ramification, randomization, ratification, realization, reciprocation, recombination, recommendation, recrimination, recuperation, redecoration, reduplication, reforestation, refrigeration, regeneration, regimentation, regurgitation, reification, reincarnation, reintegration, reiteration, rejuvenation, remuneration, renunciation, repatriation, representation, republication, repudiation, retaliation, reverberation, sanctification, scarification, sedimentation, sensitization, Serbo-Croatian, signification, simplification, socialization, solicitation, sophistication, specialization, specification, stabilization, standardization, sterilization, stratification, subordination, subpopulation, supplementation, synchronization, systemization, teleportation, tergiversation, transfiguration, transliteration, transvaluation, triangulation, uglification, unification, unionization, urbanization, verification, versification, victimization, vilification, vituperation, vocalization, vulgarization, westernization, x-radiation

amortization

noun    (Concise Encyclopedia)

In finance, the systematic repayment of a debt; in accounting, the systematic writing off of some account over a period of years. An example of the first meaning is a home mortgage, which may be repaid in monthly installments that include interest and a gradual reduction of the principal. Such systematic reduction is safer for the lender, since it is easier for the borrower to repay a series of small amounts than a single lump sum. In the second sense, a firm may gradually reduce the balance-sheet valuation of a depreciable asset such as a building, machine, or mine. The U.S. government has sometimes permitted accelerated amortization of assets, which encourages industrial development by decreasing a company's tax burden in the years immediately after a purchase.

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