Amortization Meaning In English. The reduction of the value of an asset by prorating its cost over a period of years. 1 The action or process of gradually writing off the initial cost of an asset.
Am-uhr-tuh- zay-shuhn uh-mawr-tuh- zay-shuhn A term that refers either to the gradual paying off of a debt in regular installments over a period of time or to the depreciation of. The reduction of the value of an asset by prorating its cost over a period of years. To take a cost for example the.
The reduction of the value of an asset by prorating its cost over a period of years.
The act or process of amortizing. Definitions and Meaning of amortization in English amortization noun. Jul 21 2020 Amortization is the practice of spreading an intangible assets cost over that assets useful life. Am-uhr-tuh- zay-shuhn uh-mawr-tuh- zay-shuhn A term that refers either to the gradual paying off of a debt in regular installments over a period of time or to the depreciation of.
