Amortization
[n] payment of an obligation in a series of installments or transfers
[n] the reduction of the value of an asset by prorating its cost over a period of years
Related Information
Related Terms
abalienation, acquitment, acquittal, acquittance, alienation, amortizement, assignation, assignment, bargain and sale, barter, bequeathal, binder, cash, cash payment, cession, clearance, conferment, conferral, consignation, consignment, conveyance, convey