Definitions
There are 2 meanings of the word
Amortization.
Amortization - as a noun
The reduction of the value of an asset by prorating its cost over a period of years
Synonyms (Exact Relations)
amortisationPayment of an obligation in a series of installments or transfers
Synonyms (Exact Relations)
amortisationExample Sentences
"The bank explained the terms of the mortgage loan, including the amortization schedule."
"The homeowner decided to increase the monthly payments to accelerate the amortization process."
"The car loan was set up with a five-year amortization period."
"The business accountant calculated the annual amortization expense for the equipment."
"The company used amortization to allocate the cost of the patent over its useful life."
Word Game Points
Is AMORTIZATION a valid Scrabble word?
Yes, amortization is valid for both Scrabble US and EU
AMORTIZATION has a SCRABBLE points total of 23.
Is AMORTIZATION a valid Words With Friends word?
Yes, amortization is valid for Words With Friends
Valid WordAMORTIZATION has a WORDS WITH FRIENDS points total of 25.
Is AMORTIZATION a valid WordFeud word?
Yes, amortization is valid for WordFeud
Valid WordAMORTIZATION has a WORDFEUD points total of 23.
