amortisation

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WORDNET DICTIONARY

amortisation(n = noun.act) amortization - the reduction of the value of an asset by prorating its cost over a period of years; Array

is a kind of decrease, diminution, reduction, step-down

amortisation(n = noun.act) amortization - payment of an obligation in a series of installments or transfers; Array

is a kind of defrayal, defrayment, payment

Derived form verb amortise₁

amortisation, v.

Same as Amortize, Amortization, etc. [1913 Webster]

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