Amortization
Related Definitions
[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 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