Amortization definition

Amortization





Home | Index


We love those sites:

4 definitions found

From The Collaborative International Dictionary of English v.0.48 [gcide]:

  Amortization \A*mor`ti*za"tion\, n. [LL. amortisatio,
     admortizatio. See {Amortize}, and cf. {Admortization}.]
     1. (Law) The act or right of alienating lands to a
        corporation, which was considered formerly as transferring
        them to dead hands, or in mortmain.
        [1913 Webster]


  
     2. The extinction of a debt, usually by means of a sinking
        fund; also, the money thus paid. --Simmonds.
        [1913 Webster]

From WordNet (r) 2.0 [wn]:

  amortization
       n 1: the reduction of the value of an asset by prorating its cost
            over a period of years [syn: {amortisation}]
       2: payment of an obligation in a series of installments or
          transfers [syn: {amortisation}]

From Moby Thesaurus II by Grady Ward, 1.0 [moby-thes]:

  77 Moby Thesaurus words for "amortization":
     abalienation, acquitment, acquittal, acquittance, alienation,
     amortizement, assignation, assignment, bargain and sale, barter,
     bequeathal, binder, cash, cash payment, cession, clearance,
     conferment, conferral, consignation, consignment, conveyance,
     conveyancing, debt service, deeding, defrayal, defrayment,
     deliverance, delivery, demise, deposit, disbursal, discharge,
     disposal, disposition, doling out, down payment, earnest,
     earnest money, enfeoffment, exchange, giving, hire purchase,
     hire purchase plan, installment, installment plan,
     interest payment, lease and release, liquidation, monthly payments,
     never-never, paying, paying off, paying out, paying up, payment,
     payment in kind, payoff, prepayment, quarterly payments, quittance,
     regular payments, remittance, retirement, sale, satisfaction,
     settlement, settling, sinking-fund payment, spot cash, surrender,
     trading, transfer, transference, transmission, transmittal,
     vesting, weekly payments
  
  

From Bouvier's Law Dictionary, Revised 6th Ed (1856) [bouvier]:

  AMORTIZATION, contracts, English law. An alienation of lands or tenements in
  mortmain. 2 Stat. Ed. I.
       2. The reduction of the property of lands or tenements to mortmain.
  
  

















Powered by Blog Dictionary [BlogDict]
Kindly supported by Vaffle Invitation Code Get a Freelance Job - Outsource Your Projects | Threadless Coupon
All rights reserved. (2008-2024)